Galaxy Digital Partners with Superstate to Tokenize Shares on Solana

Galaxy Digital (GLXY) has partnered with Superstate to tokenize its Class A common stock on the Solana network via Superstate’s Opening Bell platform. This initiative maintains SEC-registered equity rights while enabling on-chain holding and transfer of shares.

Key points include:

Tokenization of assets is growing, with recent products launched for EU investors by Robinhood, Gemini, and Kraken.
Galaxy's approach differs from synthetic or wrapped tokens as shares are issued directly on-chain, with real-time tracking by Superstate.
This model aims to enhance compliance, settlement speed, and transparency in capital markets.
Galaxy's CEO Mike Novogratz emphasized the goal of merging traditional equities with advanced blockchain infrastructure.