Overview
- The on-chain GLXY tokens are direct, SEC-registered Class A common shares that carry full shareholder rights, not wrappers or synthetic products.
- Through Superstate’s Opening Bell platform, shareholders can mint, hold, and transfer Galaxy stock on Solana with near-instant settlement and 24/7 trading potential.
- Initial participation is limited and permissioned, with 21 investors tokenizing a total of 32,374 shares at launch.
- Galaxy and Superstate say they are engaging the SEC on compliant mechanisms for on-chain trading, including potential Automated Market Maker models.
- Superstate, a Galaxy Ventures portfolio company, provides the tokenization infrastructure and maintains Galaxy’s official shareholder registry as tokens move between approved wallets.