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Formation Securities plans a Solana-based tokenized stock platform launching in early 2027.

Market News
09 Nov 2026, 14:56 WIB
Crypto news
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Bullish
Formation Securities plans a Solana-based tokenized stock platform launching in early 2027.

Formation Securities has notified the SEC of its plan to launch a trading platform on Solana for tokenized stocks by early 2027. The platform will allow verified investors to trade tokenized shares of companies like Exodus Movement, Forward Industries, and Galaxy Digital 24/7 using stablecoins and digital wallets. Operating under the SEC's Innovation Exemption, the venue aims to provide shareholder rights such as voting and dividends while enabling continuous trading outside traditional market hours. The launch depends on SEC approval and issuer consent, with partnerships planned for custody and compliance services.

Formation Securities' plan for 24/7 stock trading on Solana provides context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Nov 09, 2026 19:03 WIB: out of 50 major cryptocurrencies, 11 rose and 38 fell. XRP traded at Rp19.564 with a 1-day change of -7.33%, ETH at Rp38.231.060 with -5.48%, and XNO at Rp5.604 with -4.22%.

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