Galaxy Digital announces the implementation of equity tokenization on the Solana chain

ChainCatcher news, according to The Block, Nasdaq-listed company Galaxy Digital has partnered with Superstate to tokenize its SEC-registered stock GLXY on the Solana blockchain.

Shareholders can tokenize GLXY stock through Superstate's Opening Bell platform and transfer it on DeFi platforms, limited to investors who have passed KYC. Superstate claims this is the first instance of a Nasdaq-listed company's stock being directly issued and traded on a public chain.