CryptoUpdated November 9
Formation proposes a Solana venue for tokenized shares.
Formation has notified the SEC about a proposed Solana venue for tokenized shares, with trading planned around the clock. The early-2027 launch is expected to include shares from Exodus, Forward Industries and Galaxy Digital. Decrypt reports the shares would carry the same voting and dividend rights as traditional stock. So the proposal is as much about when a share can trade as what rights come with it.
3 publishers3 reports
Coverage started November 9
Key Actors
- Galaxy
- SEC
- Solana
- U.S. Securities and Exchange Commission
