Formation Securities tells SEC it plans a tokenized stock venue on Solana
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Formation Securities, the entity created by the merger of Orca and Loopscale, has notified the SEC of plans to launch a tokenized stock trading venue on Solana built around permissioned automated market makers. The filing signals a push to bring regulated equity-like assets onto Solana’s DeFi rails while using access controls to satisfy compliance requirements. It matters because tokenized stocks are emerging as a bridge between traditional finance and onchain liquidity, and Solana is positioning itself as a venue for that flow. What to watch next is the SEC’s response and whether Formation secures the approvals needed to move from notice to a live venue.
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Named in this story
Formation Securities, Solana (SOL), SEC, Loopscale, Orca
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