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Stock impact report

Solana is becoming the ‘onchain Nasdaq,' says Solana Foundation exec [Yahoo! Finance]

Forward Industries, Inc. (FWDI) 
Company Research Source: Yahoo! Finance
In a recent interview with TheStreet Roundtable Solana Foundation's head of institutional growth Nick Ducoff broke it down in terms retail investors rarely hear and explained why Solana is especially well suited for this type of use case. "Solana's vision of becoming the on-chain Nasdaq and home of internet capital markets is getting closer and closer," Ducoff said. Related: What are tokenized stocks? Explained The different approaches to tokenized equities There are currently four distinct approaches to tokenized equities , each with real trade-offs. The first is the digital twin model, pioneered by Ondo Finance . A token represents a share of the underlying asset: the issuer buys the stock, holds it in custody , and prices trades via a request-for-quote system. Trading runs Sunday night through Friday night, a 24/5 model. The second is the 24/7 model, led by Kraken's xStocks. These trade around the clock using automated market makers (AMMs), decentralized protocols th Show less Read more
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