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Stock impact report

Nasdaq-Traded Solana Company Plans to Tokenize Shares via Superstate [Yahoo! Finance]

Solana Company - Class A (HSDT) 
Company Research Source: Yahoo! Finance
HSDT investors will be able “ to hold and transfer tokenized representations” of the company's shares on Opening Bell, giving them round-the-clock access to trading and real-time settlement, Solana Company said in a statement. The shares will retain their “current regulatory structure and investor protections.” Opening Bell allows companies to move stocks on-chain. “The tokenization of HSDT through Superstate represents a major step toward realizing the vision of global, around-the-clock capital markets, and we believe the majority of that activity will take place on Solana,” said Cosmo Jiang, a Solana Company board director and general partner at venture capital giant Pantera Capital. Pantera co-led Solana Company's $500 million private investment in public equity (PIPE) financing, which closed in September. The crypto-focused venture capital giant, which has invested heavily in treasuries in recent months, reportedly intends to raise $1.25 billion toward Solana Company, which t Show less Read more
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