Valinor has launched a product described as a tokenized BDC fund on Superstate FundOS, according to the launch announcement. The available materials do not identify the fund’s formal name, launch date, size, underlying assets, blockchain, token standard, custody arrangement, investor eligibility, minimum investment, fees, liquidity terms or returns. BDC generally refers to a business development company, but the offering’s specific legal structure and regulatory treatment remain unverified. Superstate FundOS is associated with the product, although the materials do not establish whether it handles issuance, administration, custody, transfers or investor servicing. Primary offering documents or regulatory filings remain the key documents to watch.