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Forward Industries Tokenizes SEC-Registered Equity on Solana, Enabling DeFi Collateral

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$125.63-0.53%
Forward Industries (NASDAQ: FWDI) has placed SEC-registered equity on the Solana blockchain, marking the first time public stock is tokenized directly on a blockchain. The shares are available as collateral on DeFi via Superstate’s Opening Bell platform, enabling shareholders to post stock on Kamino, a Solana lending protocol. Superstate, an SEC-registered transfer agent, updates the onchain asset in real time. The move represents a key moment for regulated equity and blockchain-based finance.
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