Wall Street Meets Crypto: Superstate Plugs Public Equities into Solana’s DeFi Engine

Forget your dad’s brokerage account—Superstate just dragged traditional equities kicking and screaming onto Solana’s blockchain. The move could open floodgates for institutional capital... assuming the SEC doesn’t throw a regulatory wrench in the works (again).

How it works: The firm tokenizes public stocks as compliant ERC-3643 securities, then ports them to Solana for 24/7 trading. No more market hours, no more DTCC bottlenecks—just pure, uncut financialization.

The catch? You’ll still need KYC to play. Some decentralization.

One small step for regulatory arbitrage, one giant leap for TradFi’s inevitable—if reluctant—crypto future. Just don’t tell the suits they’re becoming bagholders for SOL.

SOL Strategies’ blockchain initiatives 

SOL Strategies, which began the process of listing on Nasdaq in December, says it plans to use Opening Bell to create a dual-market presence.

CEO Leah Wald emphasized that the strategy reflects the firm’s long-term commitment to blockchain-native infrastructure while preserving access to traditional capital.

“We believe these two initiatives serve complementary objectives in our capital markets strategy,” Wald told crypto.news when asked about the company’s Nasdaq endeavors.

“A potential Nasdaq crosslist WOULD provide access to a broader range of institutional investors, enhanced liquidity, and greater market visibility through traditional financial channels,” Wald said. “Meanwhile, exploring blockchain-based equity representation through Opening Bell allows us to potentially engage with forward-thinking investors who value innovation in market access and technology.”

Wald added that the company is taking a measured approach to align investor experience across both platforms. “We’re taking a careful and compliance-focused approach to this innovation in capital markets access,” she said.

Opening Bell aims to enable continuous trading and global participation without the constraints of centralized exchanges or traditional market hours. With this launch, Superstate and SOL Strategies are exploring new ways that public equity can operate in the blockchain age.