Formation Securities plans a tokenized stock trading venue on Solana

On November 9, 2026, Formation Securities said it had notified the U.S. Securities and Exchange Commission of its intention to create a tokenized stock trading venue on Solana. Trading is scheduled to begin in early 2027, but the venue is not yet operational.

Potential early participants include Galaxy Digital, Exodus Movement, and Forward Industries. The plan is to offer round-the-clock trading for verified investors, with settlement in stablecoins. According to the company, tokenized shares are intended to retain dividend and voting rights.

The notice concerns plans to operate under a conditional regulatory framework; it is not unconditional SEC approval to launch. The project’s implementation depends on compliance with regulatory requirements.

Sources: The Block and CoinDesk, November 9, 2026.
#Solana #Токенизация