💼 Galaxy Digital Equity Holders Get a Blockchain Upgrade Wi
Timur7777
Updated at: 2 days ago
{"content":"💼 Galaxy Digital Equity Holders Get a Blockchain Upgrade With Solana Integration
Galaxy Digital will tokenize its SEC-registered shares on the Solana blockchain using Superstate.
Superstate will update tokenized GLXY ownership on-chain after every transaction.
Galaxy Digital said the action matches the SEC's Project Crypto strategy.
On Wednesday, Galaxy Digital (GLXY) announced that stockholders may tokenize their Class A common stock on the Solana (SOL) blockchain.
The cryptocurrency investment business Galaxy Digital has tokenized some of its shares on the Solana blockchain, as announced on Wednesday.
GLXY shareholders may tokenize their shares on Superstate's Opening Bell. These tokenized shares and future Opening Bell listings may be connected with Automated Market Makers and other DeFi platforms to increase liquidity and usefulness.
"We're proud to be working with Superstate to build an on-chain capital market that connects traditional equities with next-generation infrastructure," Galaxy founder and CEO Mike Novogratz stated.
Superstate CEO Robert Leshner says it's the first public firm to tokenize SEC-registered equities on a blockchain.
Galaxy Digital announced that Superstate, the official transfer agent, updates ownership data when confirmed participants move on-chain.
The business said the action coincides with SEC Chair Paul Atkins' July Project Crypto proposal. Securities legislation will be modernized to "enable America's financial markets to move on-chain."
Galaxy Digital announced intentions to tokenize its Nasdaq-listed shares a month earlier. Real-world asset (RWA) tokenization is being utilized by more crypto-focused companies.
Ondo Global Markets, an Ethereum-based marketplace for tokenized US equities, ETFs, and conventional securities, was created by tokenized RWA issuer Ondo Finance.
It offers Apple, Tesla, Fidelity, and BlackRock ETFs to investors in Asia-Pacific, Europe, Africa, and Latin America.
#ListedCompaniesAltcoinTreasury #solana #RWA #TrumpFamilyCrypto #TradeStories $SOL ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/04/ce8759686b3544dc9a9626636d5325f7.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}