Solana-based tokenized share market to launch 2027 under SEC exemption

Formation Securities has announced plans to launch a Solana‑based trading venue that will allow continuous, 24/7 trading of tokenized shares. The platform will be built on the Solana blockchain and will operate under an exemption granted by the U.S. Securities and Exchange Commission.

The venue will list tokenized equity from Galaxy Digital, Exodus and Forward Industries, giving investors a new way to trade fractional ownership of these companies on a blockchain network. Each token represents a share of the underlying company.

The company says the platform is slated to go live in early 2027, after completing the necessary regulatory approvals and technical development. The SEC exemption is expected to streamline the launch and reduce compliance costs.

Market implications

If the venue gains traction, it could broaden access to tokenized equities and increase liquidity in the hybrid crypto‑equity market. The platform’s 24/7 nature may appeal to global investors seeking continuous trading windows, and its SEC‑approved status could set a precedent for other blockchain‑based securities exchanges.

The launch also signals growing interest from traditional asset managers in blockchain‑enabled trading solutions. By offering a regulated, tokenized venue, Formation Securities may attract both institutional and retail participants looking for new exposure to digital asset markets.

Based on reporting from Cointelegraph. Read the original.