Summary
- Forward Industries said it will tokenize its shares on the Solana blockchain.
- Tokenized shares are expected to enable 24-hour trading, real-time settlement, and expanded global liquidity through Superstate's Opening Bell platform.
- Forward Industries said it is a listed company holding about 6,820,000 SOL (about $1.7 billion) of Solana.
Nasdaq-listed Forward Industries plans to tokenize its shares on the Solana (SOL) blockchain.
On the 23rd (local time), according to Business Wire, Forward said in a press release that 'it plans to collaborate with Superstate to tokenize its shares on the Solana blockchain.' As a result, shareholders will be able to tokenize Forward Industries' shares through Superstate's Opening Bell platform.
Forward Industries said, 'Using the Solana blockchain will enable 24-hour trading, real-time settlement, and expanded global liquidity,' and said, 'The company's share value is expected to increase further.'
Meanwhile, Forward Industries is the publicly listed company holding the largest amount of Solana. According to Solana Reserve, Forward Industries currently holds about 6,820,000 SOL, worth about $1.7 billion.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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