Formation Plans Solana Tokenized Stock Venue
Formation has notified the SEC of plans to launch a Solana-based venue for tokenized stocks in early 2027.
Formation has submitted a notification to the U.S. Securities and Exchange Commission regarding plans to launch a new trading venue for tokenized equities on the Solana network. The platform intends to operate under the agency's Innovation Exemption framework. According to the announcement, the venue is scheduled to begin listing tokenized shares of companies such as Exodus, Forward Industries, and Galaxy Digital by early 2027, offering investors standard voting and dividend rights comparable to traditional equities.
Original report: Decrypt ↗
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