Nasdaq Giant Leaps Into Crypto: Tokenizing Shares on Solana in 2025

Wall Street meets blockchain—again. This time, a Nasdaq-listed heavyweight is ditching paperwork for Solana's blazing-fast ledger.

Why now? Because even boomer stocks need Web3 street cred.

The move slashes settlement times from T+2 to T+0.2 seconds (roughly how long it takes a VC to say 'disruptive'). No middlemen. No DTCC bottlenecks. Just pure, unfiltered capital efficiency—assuming the SEC doesn't throw a tantrum.

Investors get liquid equity tokens. Solana gets institutional validation. TradFi gets a much-needed adrenaline shot to its creaky infrastructure.

One question remains: Will the token trade at a premium for 'blockchain exposure,' or at a discount because crypto bros still think GAAP is a ride-sharing app?

In Brief

• Upexi, a Nasdaq-listed company, will tokenize its shares on Solana via the Opening Bell platform, launched by Superstate.
• The company strengthens its treasury with 735,692 SOL, worth more than 105 million dollars.
• This move is part of a growing institutional adoption trend of Solana.

A Revolutionary Tokenization Strategy on Solana

Upexi has just reached a historic milestone by announcing the tokenization of its shares on the Solana blockchain. On June 26, Allan Marshall, CEO of the company, unveiled this partnership with Superstate and its Opening Bell platform.

This decision revolutionizes access to traditional securities: 24/7 trading, instant settlements, and new flexibility for investors.

Opening Bell allows publicly traded companies to transform their shares into tokens on the blockchain. However, investors retain all their shareholder rights while gaining access to advanced crypto features. Staking, automation, and tokenized governance become possible thanks to this innovation launched in May 2025.

” The tokenization reflects our strong conviction about the future of the Solana ecosystem “, asserts Allan Marshall. This vision places Upexi at the forefront of a financial revolution.

According to Ryan Lee, analyst at Bitget Research:

This decision demonstrates growing institutional confidence in blockchain infrastructure and could serve as a model for other publicly traded companies.

This trend is accelerating in the crypto ecosystem. Unlike Bitcoin treasuries popularized by MicroStrategy, Upexi is betting on Solana for its exceptional speed.

DeFi Development Corp. paved the way on June 24 by becoming the first American publicly traded company to tokenize its shares on this blockchain. SOL Strategies Inc. follows the movement with 40,000 SOL in treasury.

A SOL Treasury Making Waves Despite Volatility

Upexi establishes itself as the world’s largest Solana treasury with 735,692 SOL in its portfolio. This accumulation represents an impressive 8% increase since May, valuing holdings at around 105 million dollars at current prices.

The aggressive acquisition strategy began in April 2025 with a 100 million dollar private placement led by GSR, a crypto trading specialist.

Upexi’s approach goes beyond passive holding. The company deploys sophisticated staking and yield strategies to optimize its return on investment. This vision transforms traditional treasury into a driver of active value creation, fully exploiting the capabilities of the Solana ecosystem.

However, this strategy is not without risks. On June 24, Upexi’s stock plunged more than 60%, falling below 4 dollars after the authorization to resell 43.85 million shares. Insider massive sale fears shook investors before Marshall clarified the situation and stopped the process.

Upexi is redefining traditional finance rules by betting everything on Solana and share tokenization. This pioneering strategy, despite recent volatility, positions the company at the forefront of a major technological revolution.

In a context where Solana ETFs are on the horizon with a 91% probability of approval according to Polymarket, this vision could well prove to be visionary… and remarkably effective.

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