Forward Industries (ticker symbol FORD), funded by Galaxy Digital, Jump Crypto, and Multicoin Capital in cash and stablecoins, is preparing to tokenize its shares using Superstate’s Opening Bell platform and partnering with three of the largest lending protocols on Solana: Drift, Kamino, and Jupiter Lend, to establish the tokenized shares as eligible collateral in their systems.
Superstate emphasizes SEC registration compliance to attract institutional funds
Superstate is a fintech startup founded by Robert Leshner, who is also the founder of the well-known DeFi protocol Compound.
Superstate is one of the few RWA platforms that incorporates SEC registration into its product design, which enables it to attract institutional funds and connect with traditional financial markets, rather than operating only in the DeFi ecosystem.
Superstate's products, such as the USTB (Short-Term U.S. Government Bond Fund) and the USCC (Cryptocurrency Arbitrage Fund), are investment vehicles regulated by U.S. securities laws and intended for accredited investors. These products are not simulated assets or synthetic tokens; rather, they actually hold underlying assets and are legally issued through SEC registration or exemptions.
Is cryptocurrency arbitrage profitable? Superstate launches tokenized crypto arbitrage fund USCC .
Forward Invests in Superstate, Turning Equity Tokens into DeFi Collateral Again
Launching in May 2025, Superstate's Opening Bell aims to enable companies to issue tokenized public equity on a blockchain, initially using the Solana blockchain. It provides a regulated tokenized equity issuance service, enabling businesses to convert traditional shares into on-chain tokens with 24/7 trading, instant settlement, and global liquidity.
Galaxy Digital also announced that it has become the first Nasdaq-listed company to issue shares on Solana, which was tokenized through Superstate.
Forward Industries, the world's largest Solana reserve strategy firm, also plans to use the platform to tokenize its shares and collaborate with three of Solana's largest lending protocols—Drift, Kamino, and Jupiter Lend—to establish tokenized FORD shares as eligible collateral within their systems. Furthermore, Forward plans to hold an equity stake in Superstate, demonstrating the deep collaboration between the two parties on product development and aligned interests.
The article Forward Industries invests in Superstate, issues equity tokens and turns them into DeFi collateral originally appeared on ABMedia ABMedia .
