Solana Company (HSDT) is a Nasdaq-listed digital asset treasury company focused on Solana. sol$156.18announced on Wednesday that it plans to tokenize its shares at the opening bell of Superstate, a regulated platform that brings traditional equities on-chain.
Tokenized stocks will remain registered with the SEC and will be accessible through crypto wallets, tradable 24 hours a day and settled in real-time, while maintaining existing protections.
Pantera Capital, which led Solana Company’s $500 million PIPE funding in September, is backing the tokenization effort.
“We believe that the majority of[on-chain market]activity will take place on Solana,” said Cosmo Jiang, general partner at Pantera and director of Solana Company.
Introduced earlier this year, Superstate’s Opening Bell runs on the Solana blockchain and aims to bridge public capital markets and blockchain infrastructure.
This development adds to a small but growing list of digital asset treasuries experimenting with equity tokenization. In September, peer Forward Industries (FORD) announced plans to tokenize its common stock with Superstate in Solana. ether Ethereum$3,445.73 Finance company FG Nexus used Securitize to issue tokenized shares on Ethereum.
Read more: RWA Specialist Centrifuge Debuts Tokenization Service, Launching with Daylight
