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Galaxy Digital Tokenizes Its Stock on Solana With Superstate

Superstate, acting as an SEC‑registered transfer agent, records legal ownership on-chain in real time for verified investors.

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.