Solana Set for Another Tokenized Stock Venue as Formation Notifies the SEC

Formation has notified the SEC that it plans to launch another tokenized stock venue on Solana, operating under the regulator's Innovation Exemption. The firm intends to list tokenized shares of Exodus, Forward Industries and Galaxy Digital in early 2027, carrying the same voting and dividend rights as the underlying stock. A second tokenized-equity venue on Solana would deepen real-world asset activity on the chain and signals regulatory openness, a modest positive for SOL and tokenization plays.