Exodus & Superstate Make History: Tokenized Shares Hit Solana in Landmark Move

Wall Street meets Web3—hold onto your ledgers. Exodus just turbocharged its liquidity game by partnering with Superstate to tokenize equity shares on Solana's blazing-fast blockchain.

Why it matters: Traditional finance rails creak under settlement delays and middlemen. This move slashes friction, unlocks 24/7 trading, and hands investors keys to their own assets—no custodian required.

The cynical spin: Meanwhile, legacy brokers will spend three board meetings debating whether to upgrade from Excel 2010. Solana's 400ms block times don't care.

Bottom line: When equity markets go on-chain, the smart money follows. Even if the SEC starts sweating through its suit.

Exodus plans expansions to other major networks

Exodus will leverage Superstate’s stock token issuance platform, Open Bell. This will enable Exodus to launch its own tokens on several major networks, in addition to its existing tokenized stocks on Algorand (ALGO). So far, the company has revealed plans to issue its tokens on the ethereum (ETH) network, among others.

“Exodus has always been at the vanguard of tokenization, and Superstate is proud to partner on this journey. Together, we’re going to transform the future of public capital markets on-chain,” said Robert Leshner, CEO of Superstate.

Tokenized stocks often rely on wrapped models that do not directly involve the original issuer, which can expose holders to counterparty risk if custodians default. In contrast, Superstate is an SEC-registered transfer agent that works directly with token issuers.

This enables the tokens to digitally represent shares and serve as a record of legal ownership on the blockchain.