Solana Could See Major Growth As New Stock Trading Platform Emerges
Summary
Formation Securities says it notified the SEC of plans to operate a venue on Solana for eligible investors to trade tokenized U.S.-listed shares 24/7, with a launch expected in early 2027, subject to regulatory and technical requirements. Galaxy Digital, Exodus Movement and Forward Industries shares are among those anticipated at launch. The platform is expected to involve Securitize and Superstate and provide token holders with shareholder rights such as voting and dividends. Formation cites Solana’s speed, low costs and tokenization infrastructure; it says the network hosts more than $5 billion in tokenized real-world assets. The venue has not launched, and its potential effect on SOL demand or price remains uncertain.
