Forward Industries, a Nasdaq-listed company holding the largest corporate Solana treasury, is planning to tokenize its shares in collaboration with fintech firm Superstate. This initiative aims to allow shareholders to bridge their common stock between brokerage accounts and the Solana blockchain, potentially facilitating 24/7 trading and near-instant settlement. While details on regulatory approval remain unclear, the company is focused on integrating its tokenized stock into Solana's decentralized finance (DeFi) lending ecosystem. Forward intends to make its tokenized FORD stock eligible as collateral in on-chain lending activities, partnering with lending protocols such as Drift, Kamino, and Jupiter Lend. This move aligns with Forward's broader strategy to solidify its presence in the Solana ecosystem and provide shareholders with direct participation in the tokenized economy.

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