Formation notifies SEC to operate first tokenized securities venue on Solana
Launch is expected in early 2027, with tokenized shares of Exodus Movement, Forward Industries, and Galaxy Digital among initial offerings.
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Launch is expected in early 2027, with tokenized shares of Exodus Movement, Forward Industries, and Galaxy Digital among initial offerings.
A draft proposal would end the 'durable nonces' feature no earlier than May 5, 2027, forcing custodians that sign offline to rebuild how they move coins.
A pledge by China’s central bank to investigate Solana’s recent campaigns in mainland China has extinguished hopes that a crackdown on cryptocurrencies will be eased and underscored Beijing’s unyielding hostility towards foreign public blockchains. The People’s Bank of China (PBOC) had halted recent offline events Solana planned to hold on the mainland and would launch investigations into the entities and individuals involved, the PBOC-backed Financial News reported on Friday.
Solana, one of the world’s largest blockchain networks, plans to expand in Hong Kong to tap the city’s growing demand for tokenisation, according to a senior executive. “I believe that the biggest opportunity for Solana is actually in [the Asia-Pacific region],” Solana Company chairman and CEO Joseph Chee said in an interview in Hong Kong earlier this week.
Securitize stock is down 38% since it launched tokenised Apple, Nvidia and Tesla shares on Solana. It still hasn't said how much trades.
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