RWA News: Superstate Expands into Tokenized Shares; SOL Strategies (HODL) to Be First to List
Superstate ramps up its tokenized equity efforts; SOL Strategies to be first to list
The Opening Bell platform allows SEC-registered stocks to trade on the blockchain, bridging the cryptocurrency and public equity markets.
By Christian Sandor | Established by Stephen Alpher 8 herbs. RUR 2025, 2:00 pm Translated by AI

What I know:
- Superstate has introduced a platform for tokenizing and trading SEC-registered public shares for the first time on Solana.
- Canadian crypto company SOL Strategies has announced its intentions to become the first issuer on the platform.
- Tokenization is a growing trend in the financial sector and is projected to become a multi-trillion dollar market by the end of the decade.
Superstate, a tokenized asset manager with a $650 million USTB token market cap, is moving into equity tokenization using a new blockchain-based trading platform for public equities, first available on Solana (SOL).
A platform called Opening Bell, unveiled Wednesday, allows companies to create tokenized versions of SEC-registered stocks (not derivatives or synthetic assets) and trade them directly on the blockchain.
Unlike existing practices that rely on centralized stock exchanges and multi-day settlements, Opening Bell offers 24/7 real-time trading and programmable securities. The platform is aimed at both public companies on traditional stock exchanges and late-stage private firms seeking access to liquidity.
Canadian investment firm SOL Strategies has announced plans to become the first issuer on the platform by listing its shares for trading on the Solana blockchain, pending regulatory approval.
Tokenization has become one of the hottest trends in finance. Asset managers and even central banks are exploring the possibility of placing real assets — bonds, funds, stocks — on blockchains to improve efficiency and access.
It's a huge opportunity: McKinsey, BCG, 21Shares, and Bernstein estimate that tokenized assets could become a multi-trillion dollar market this decade.
Despite the rapid advancement of the technology, industry leaders including BlackRock’s Larry Fink and Robinhood’s Vlad Tenev have called on regulators to provide clearer guidance. The SEC plans to hold a roundtable on tokenization next week, and Superstate General Partner Alex Zozos is expected to participate in the discussion.
Earlier this year, Superstate registered its digital transfer agent with the SEC, which paved the way for tokenized securities to comply with applicable regulations.