Solana’s Strategic Leap: Ledger’s Exclusive Flex Hardware Wallet Boosts Ecosystem Engagement

Ledger has launched a Solana-branded edition of its Flex hardware wallet, featuring custom branding and exclusive perks, including a non-transferable Soulbound Token (SBT) for community engagement. This limited-run device highlights Solana’s growing influence in the crypto space, with SOL currently priced at 178.35000000 USDT.

Ledger Launches Solana-Branded Flex Hardware Wallets with Exclusive Perks

Ledger has unveiled a Solana-themed edition of its Flex hardware wallet, mirroring the technical specifications of the standard model but dressed in custom blue and green branding. The limited-run device includes a non-transferable Soulbound Token (SBT) for community engagement, with phased rollout prioritizing existing solana SBT holders who qualify for SOL rebates up to $70.

The launch underscores Solana’s growing influence in institutional crypto adoption, as major security providers like Ledger cater to chain-specific communities. This follows the Flex series’ July 2024 debut, which introduced enhanced self-custody protections through air-gapped cold wallet architecture.

Kraken to List Tokenized Versions of Nvidia, Apple, Tesla Shares on Solana

Kraken is expanding its digital asset offerings with the introduction of tokenized shares for major U.S. equities, including Nvidia, Apple, and Tesla. The tokens, dubbed "xStocks," will be deployed on the Solana blockchain and available for 24/7 trading globally. Backed Finance will hold the underlying shares, ensuring 1:1 redeemability for cash value.

The MOVE follows Kraken’s April announcement of over 11,000 U.S.-listed stocks and ETFs, initially available in 10 states. The platform now adds more than 50 tokenized stocks and ETFs, including SPDR S&P 500 ETF (SPY) and SPDR Gold Shares (GLD), further bridging traditional finance with crypto markets.

Major TradFi Institutions to Pursue Tokenization Efforts on Solana

Traditional financial giants are turning to Solana for blockchain-based tokenization initiatives. R3, a U.K.-based blockchain developer for financial institutions, has partnered with the Solana Foundation to migrate its clients’ tokenized real-world assets to Solana’s network.

R3’s Corda platform currently manages over $10 billion in assets, with participation from major banks including HSBC, Bank of America, and the Monetary Authority of Singapore. Tokenization—converting traditional assets like stocks and bonds into digital tokens—has emerged as a primary blockchain use case attracting institutional investment.

The collaboration signals growing institutional confidence in Solana’s infrastructure for handling real-world asset tokenization at scale. This development follows increasing TradFi interest in blockchain solutions that bridge traditional and decentralized finance.