SOL Strategies Signs MOU with Superstate to Explore Tokenization of Equity on Solana Network

Mars Finance News, on May 10, a Canadian listed company SOL Strategies Inc. announced the signing of a non-binding memorandum of understanding (MoU) with Superstate, a technology company focused on modernizing capital markets through blockchain infrastructure. According to the memorandum, Superstate will serve as the primary transfer agent for SOL Strategies, providing the necessary platform and infrastructure to enable the company to issue tokens representing common shares on the Solana blockchain through Superstate's "Opening Bell" platform. SOL Strategies hopes to be the first public issuer to explore this regulated pathway. The company stated that it has not yet tokenized any shares and has no plans to issue derivative tokens or convert existing equity into token form. The initiative is still in the exploration stage, and the company has not yet contacted securities regulators or the Canadian Securities Exchange (CSE) regarding this move. SOL Strategies CEO Leah Wald stated that the company believes tokenized equity for publicly listed companies represents the natural evolution of capital markets, and Solana's high-performance network is the ideal foundation for this future.