SOL treasury company Forward Industries tokenizes FWDI shares through Superstate | PANews

PANews, December 19 — According to The Block, Nasdaq-listed SOL treasury company Forward Industries is issuing its shares on-chain through a native blockchain tokenization platform. As of Thursday, Forward stated: "Its SEC-registered shares are now live on the Solana blockchain via Superstate's Opening Bell platform, marking the first time that the equity of a listed company can be directly utilized within the DeFi sector." As an SPL token, the tokenized FWDI will be integrated into Solana's DeFi ecosystem. According to the arrangement, the tokenized shares will be held by a transfer agent under Superstate, which is responsible for tracking share ownership in the non-custodial DeFi space and assisting in transferring shares from 'traditional brokerage accounts to whitelisted Solana wallets.'