Formation Securities Notifies SEC of Intent to Operate First Tokenized Securities Venue on Solana
Formation Securities notified the SEC of plans to launch a tokenized securities venue on Solana, enabling 24/7 trading of tokenized shares with voting and dividend rights. The platform, operating under the SEC's Innovation Exemption, expects to list shares of Exodus Movement (EXOD), Forward Industries (FWDI), and Galaxy Digital (GLXY) in early 2027. The venue will use Orca's trading technology and partner with various custodians and wallet providers.




