Solana Moves Toward Tokenized Securities as SOL Price Outlook Draws Attention

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Solana is attracting institutional attention after Formation Securities notified the U.S. Securities and Exchange Commission (SEC) of its intention to operate a tokenized securities venue on the network. The proposed platform aims to bring U.S.-listed shares on-chain while preserving shareholder rights, including voting and dividends. Meanwhile, crypto analyst Scient sees the SOL price approaching a potential bottom, identifying a possible recovery toward $120 if the token completes its technical setup and breaks out. Formation Securities has notified the SEC of its intention to operate a tokenized securities venue on Solana. The company plans to use the SEC’s Innovation Exemption to facilitate secondary trading of eligible tokenized stocks through permissioned automated market maker (AMM) liquidity pools.
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