Forward Industry plans to list on the Solana (SOL) blockchain through stock tokenization

Source
JH Kim

Summary

  • Forward Industry said it plans to list on the Solana (SOL) blockchain through stock tokenization.
  • It said it plans to operate all corporate activities, such as dividend payments, governance, stock splits, fundraising, and payroll, on the SOL blockchain.
  • Forward Industry currently holds the most among companies, 6.8 million SOL.

On the 16th (local time), according to crypto asset (cryptocurrency) specialized media CryptoSlate, NASDAQ-listed Forward Industry (FORD) plans to tokenize its shares and put them on the Solana (SOL) blockchain.

The company plans to operate all corporate activities on the SOL blockchain, including dividend payments, governance, stock splits, fundraising, and payroll. Currently, Forward Industry holds the most among companies, 6.8 million SOL.

This plan is expected to become a representative case of blockchain-based corporate operations through stock tokenization.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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