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NASDAQ BLISTED UPEXI (Upxi)Consumer company with strategy of crypto cash registers focused on solan
, said On Thursday it tokenizes its shares registered by SEC in the Solana network.
The company taught the opening Bell, a tokenized platform for issuing its own capital developed by Digital Asset Manager Superstate and originally available on Solana.
Read more: SuperState extends to tokenized shares; Sol sol strategy to be the first statement
Tokenized shares are able to trade continuously, settle in real time and be held in a crypt of wallet. It is one of the latest trends in the prosperous sector of tokenization, with companies as Kraken, Coinbase and Robinhood to look at it to participate.
The company also revealed that it has added about 56,000 Sol to its treasury last month, thus the total share of 735,692 Sol worth about $ 105 million.
UPEXI is part of the growing cadre of publicly traded companies that invest in cryptocurrencies and try to imitate the success of Michael Saylor’s strategy, the largest owner of Bitcoin
. Firm pivoted The Strategy of the Ministry of Finance Solana in April and gained $ 100 million in private location under the leadership of the GSR business giant.
