
DECRYPT · 2026-11-09 17:46 UTC
Solana Set for Another Tokenized Stock Venue as Formation Notifies the SEC
Formation Securities said it filed a notice with the SEC to operate a tokenized securities venue on Solana under the SEC's Innovation Exemption issued in September. Trading is expected to begin in early 2027, with tokenized shares of Exodus Movement, Forward Industries and Galaxy Digital anticipated at launch. Tokenization firms Securitize and Superstate are expected to supply tokenized shares, and access will be limited to verified investors; the network hosts more than $5 billion in tokenized real-world assets.
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