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Altcoins & DeFi

Solana News: Formation Securities Plans 24/7 Stock Trading

Image: The Coin Republic

Key insights Formation Securities plans to launch a tokenized securities venue on Solana in early 2027 under the SEC Innovation Exemption. Exodus, Forward Industries, and Galaxy Digital are expected to offer tokenized shares at launch. Solana crypto venue will support 24/7 trading, onchain settlement, and shareholder voting and dividend rights. Solana news took a new turn after Formation Securities told the SEC it plans to run a tokenized securities venue on Solana crypto. The venue is expected to open in early 2027, with three public companies lined up to offer tokenized shares at launch. The plan still needs SEC clearance before trading starts.

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