TLDR Crypto · INNOVATION & LAUNCHES

GALAXY LAUNCHES GLXY TOKENIZED PUBLIC SHARES ON SOLANA

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Summary from the TLDR Crypto newsletter

Galaxy Digital (GLXY) has partnered with Superstate to become the first public company to tokenize SEC-registered equity directly on a major blockchain, launching tokenized shares on Solana through Superstate's Opening Bell platform. Unlike synthetic or wrapper models, these are actual Galaxy Digital Class A Common Stock with full shareholder rights, where Superstate serves as the SEC-registered transfer agent recording legal ownership onchain in real-time. The tokenized shares are immediately available to KYC'd investors and offer 24/7 market access with near-instant settlement, while Galaxy and Superstate are exploring regulatory-compliant integration with Automated Market Makers and DeFi platforms.