Forward Industries announced the launch of its tokenized stock on the Solana blockchain

According to Businesswire, Nasdaq-listed Solana Treasury Company Forward Industries announced that its stock registered with the U.S. Securities and Exchange Commission is now live on the Solana blockchain through the Superstate platform. Eligible investors can also use Forward Industries' tokenized stock as collateral to borrow stablecoins, thereby gaining on-chain liquidity while maintaining exposure to the underlying equity.