Formation Notifies SEC to Launch Solana Tokenized Securities
Formation has notified the SEC to operate the first tokenized securities venue on the Solana blockchain, with a launch expected in early 2027.
Formation has submitted a notification to the U.S. Securities and Exchange Commission to operate the first tokenized securities venue on the Solana blockchain, according to TheBlock. The platform's launch is expected to take place in early 2027.
Initial Offerings
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According to the report, the venue's initial offerings will feature tokenized shares of Exodus Movement, Forward Industries, and Galaxy Digital.
Key facts
- Formation notified the SEC to operate a tokenized securities venue.
- The venue will run on the Solana blockchain.
- The launch is scheduled for early 2027.
- Initial offerings include Exodus Movement, Forward Industries, and Galaxy Digital.
Source: theblock.co
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