Formation notifies SEC to operate first tokenized securities venue on Solana

theblock.co2 min read

Formation Securities has notified the SEC of its intention to operate a Solana-based tokenized stock trading venue under the innovation exemption. Scheduled to launch in early 2027, the platform plans to offer tokenized shares of companies such as Exodus Movement, Forward Industries, and Galaxy Digital, trading around-the-clock against stablecoins with onchain settlement. Open article →

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