Galaxy Digital makes history with 32K tokenized shares on Solana – Details
The post Galaxy Digital makes history with 32K tokenized shares on Solana – Details appeared on BitcoinEthereumNews.com. Journalist Posted: September 4, 2025 Key Takeaways Solana has become the first chain to host a Nasdaq-listed equity with GLXY’s tokenization. Is this its moment to dominate the RWA rails? After pulling off a stablecoin-settled IPO, fueling a memecoin launchpad, and rolling out major network upgrades, Solana [SOL] is now clearly leaning into Real World Assets [RWA]. Earlier this year, on-chain RWAs on Solana topped $500 million all-time high. In technical terms, that’s real capital putting trust in Solana’s on-chain cost profile to park regulated assets on it. In fact, Solana now ranks sixth in the RWA sector with about 3.15% market share. Sure, it’s still a long way from Ethereum’s $8.16 billion, but recent on-chain win suggests the network is steadily leveling up. Solana hosts historic tokenized Nasdaq listing In another power move, Solana is advancing its Wall Street ambitions. Galaxy Digital (NASDAQ: GLXY) just made history by tokenizing 32,000 of its Class A shares on Solana, making it the first U.S. public company to put equity directly on-chain, enabling near-instant, 24/7 trading access. Here’s why it matters: This kind of round-the-clock liquidity can’t happen off chain, making it a clear showcase of how blockchain rails can deliver capabilities that conventional markets can’t. Source: Rwa.xyz The chart above underscores this shift. Out of 67,559 RWA holders, 59,433 are in public equity tokens. That’s about 88% of participants, showing that tokenized equities are the main driver of Solana’s on-chain RWA adoption. In short, a U.S. public firm going live on Solana is a major milestone. But the real question is whether this shift represents Solana’s shot at owning the RWA rails, or just the first move in a multi-chain race. GLXY tokenization signals a major shift toward DeFi Beyond RWAs, GLXY trading on-chain signals a deeper shift. DeFi has led…
The post Galaxy Digital makes history with 32K tokenized shares on Solana – Details appeared on BitcoinEthereumNews.com.
Journalist Posted: September 4, 2025 Key Takeaways Solana has become the first chain to host a Nasdaq-listed equity with GLXY’s tokenization. Is this its moment to dominate the RWA rails? After pulling off a stablecoin-settled IPO, fueling a memecoin launchpad, and rolling out major network upgrades, Solana [SOL] is now clearly leaning into Real World Assets [RWA]. Earlier this year, on-chain RWAs on Solana topped $500 million all-time high. In technical terms, that’s real capital putting trust in Solana’s on-chain cost profile to park regulated assets on it. In fact, Solana now ranks sixth in the RWA sector with about 3.15% market share. Sure, it’s still a long way from Ethereum’s $8.16 billion, but recent on-chain win suggests the network is steadily leveling up. Solana hosts historic tokenized Nasdaq listing In another power move, Solana is advancing its Wall Street ambitions. Galaxy Digital (NASDAQ: GLXY) just made history by tokenizing 32,000 of its Class A shares on Solana, making it the first U.S. public company to put equity directly on-chain, enabling near-instant, 24/7 trading access. Here’s why it matters: This kind of round-the-clock liquidity can’t happen off chain, making it a clear showcase of how blockchain rails can deliver capabilities that conventional markets can’t. Source: Rwa.xyz The chart above underscores this shift. Out of 67,559 RWA holders, 59,433 are in public equity tokens. That’s about 88% of participants, showing that tokenized equities are the main driver of Solana’s on-chain RWA adoption. In short, a U.S. public firm going live on Solana is a major milestone. But the real question is whether this shift represents Solana’s shot at owning the RWA rails, or just the first move in a multi-chain race. GLXY tokenization signals a major shift toward DeFi Beyond RWAs, GLXY trading on-chain signals a deeper shift. DeFi has led…
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