Galaxy Digital has tokenized stocks on Solana, taking a key step in RWA [Real World Asset] integration.
BlockBeats News, September 3, Nasdaq-listed crypto company Galaxy Digital launched a plan to "tokenize its SEC-registered stock and deploy it on a mainstream blockchain." Starting today, shareholders can tokenize GLXY stock through Superstate's Opening Bell platform.
The announcement stated that Galaxy's tokenized stock and future listings on Opening Bell may provide broader liquidity and utility through automated market makers (AMMs) and other DeFi platforms. Galaxy's tokenized stock will only be available to KYC-verified accredited investors, who can hold and transfer these tokens in their own crypto wallets.
In May this year, Superstate launched Opening Bell, aiming to bring SEC-registered stocks on-chain, starting with Solana. While several projects have attempted to integrate publicly traded stocks with blockchain infrastructure, Opening Bell claims to be the first platform to offer SEC-registered public stock direct issuance and on-chain trading, rather than synthetic or wrapped versions.
You may also like

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The little deer live by the water and grass

The world belongs to Chinese people who speak English

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

$1.3 Billion Debt: BitDeer Faces Tough Battle

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Ethereum Unveils Scaling Roadmap, What's Different This Time?
