Nasdaq listed in UPEXI (Upxi)a consumer-goods company with a crypto treasury approach dedicated to Solana
, Says On Thursday it will token the SEC registers shares on the Solana network.
The firm tapped the opening of the bell, the tokenized equity issuance platform developed by the Digital Asset Manager Superstate and was initially available in Solana.
Read more: The superstate expands to tokenized equality -equivalent; Sol strategies to be the first list
Tokenized shares can trade around the clock, settle in real time and be held in crypto wallets. This is one of the latest trends within the emerging tokenization sector, with companies such Kraken, Coinbase and Robinhood Eyes to participate in it.
The company also announced that it added some 56,000 SOL to its ark last month, carrying a total handling of 735,692 sol, worth nearly $ 105 million.
UPEXI is part of the growing cadre of companies that are publicly exchanged in investing in cryptocurrencies, looking to emulate the success of Michael Saylor’s approach, the Bitcoin’s largest corporate owner
. The firm Pivoted In a Solana Treasury approach in April raising $ 100 million in a private placement chaired by the GSR crypto giant trading.
