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DeFi Development to Tokenize Nasdaq Shares on Solana Network

DeFi Development to Tokenize Nasdaq Shares on Solana Network

DeFi Development Corp. (DFDV), a Nasdaq-listed company focused on crypto treasury management with a strong emphasis on Solana (SOL), announced it will tokenize its shares.

The new tokens, trading under the ticker DFDVx, will be issued on the Solana blockchain and listed on Kraken’s xStocks platform.

This move places DFDV alongside major tokenized stocks like Apple and Tesla, which also trade on the platform developed by tokenization specialist Backed and crypto exchange Kraken.

Growing Momentum for Real-World Asset Tokenization

The tokenized stock launch reflects growing interest in bringing traditional financial assets—such as equities, funds, and real estate—onto blockchain networks.

Tokenization offers benefits including 24/7 trading, faster settlement, and integration with decentralized finance (DeFi) applications.

By bridging the gap between traditional markets and blockchain technology, DFDV aims to increase liquidity and accessibility for its shareholders.

Author
Kosta Gushterov

Reporter at Coindoo

Kosta kam 2021 zum Team und hat sich mit seinem Wissensdurst, seiner unglaublichen Hingabe und seiner analytischen Denkweise schnell einen Namen gemacht. Er deckt nicht nur ein breites Spektrum an aktuellen Themen ab, sondern schreibt auch bemerkenswerte Rezensionen, PR-Artikel und Bildungsinhalte. Seine Arbeit wird auch von anderen Nachrichtenagenturen zitiert.

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