Galaxy Digital Goes On-Chain with Solana Tokenization

Crypto investment firm Galaxy Digital has taken a significant step towards bridging the gap between traditional finance and decentralized finance (DeFi) by tokenizing its publicly traded stock on the Solana blockchain. This move comes as institutional investors increasingly embrace tokenization for greater accessibility and participation in DeFi applications. Galaxy Digital’s Class A common shares, listed on both Nasdaq and the Toronto Stock Exchange under the ticker GLXY, are now available through Superstate’s Opening Bell platform. This platform acts as a bridge between traditional financial markets and blockchain-based systems.