TechFlow news, May 10 — According to Crowdfund Insider, Canadian company SOL Strategies Inc. announced it has signed a non-binding memorandum of understanding (MoU) with Superstate, a technology firm focused on modernizing capital markets through blockchain infrastructure.
Under the MoU, Superstate will serve as the junior transfer agent for SOL Strategies, providing the necessary platform and infrastructure to enable the company to issue tokens representing ordinary shares on the Solana blockchain via Superstate's "Opening Bell" platform.
SOL Strategies aims to be the first public issuer to explore this regulated pathway. The company stated that no shares have been tokenized thus far, and there are no plans to issue derivative tokens or convert existing equity into tokenized form. This initiative remains in exploratory stages, and the company has not yet engaged with securities regulators or the Canadian Securities Exchange (CSE) regarding this effort.
SOL Strategies CEO Leah Wald said the company believes publicly listed tokenized equity represents a natural evolution of capital markets, and Solana’s high-performance network is the ideal foundation for this future.
