Stock Tokenization: Ford Shares Go On-Chain on Solana
Forward Industries will tokenize NASDAQ-listed Ford common shares on Solana via Superstate’s regulated Opening Bell platform. This stock tokenization enables shareholders to bridge shares between brokerage accounts and on-chain wallets for 24/7 trading, near-instant settlement, and global liquidity. Tokenized Ford shares will be eligible as collateral on Solana DeFi lending protocols Drift, Kamino and Jupiter Lend. The initiative follows a $1.65 billion PIPE financing backed by Galaxy Digital, Jump Crypto and Multicoin Capital, which built a 17.11 million SOL (~$4 billion) reserve. Pending regulatory approval, this stock tokenization marks a milestone for real-world asset integration and reinforces Solana’s role as a future capital markets hub.
Bullish
The announcement of stock tokenization on Solana is likely bullish for SOL. In the short term, on-chain issuance and settlement will drive network activity and demand for SOL to bridge and trade tokenized shares. The planned 17.11 million SOL reserve purchase adds immediate buy pressure. In the long term, successful real-world asset integrations and DeFi collateral use cases will enhance Solana’s utility and attract institutional interest, supporting SOL price growth and market stability.