Decision/Other
Proposed
Formation Securities notifies SEC of intent to run tokenized securities venue on Solana
Formation Securities told the SEC it plans to run a tokenized securities venue on Solana, aiming to trade tokenized shares with crypto-style hours and settlement, though issuer acceptance remains uncertain.
Actors and targets
Source
Formation Securities, the company created in October through the merger of Solana DEX Orca and Loopscale, has notified the SEC that it intends to run a tokenized securities venue on Solana.
Extracted detail
- Company
- Formation Securities
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