Bullish Tokenizes Equity on Solana to Record Breaking $465M
Solana's tokenized equity market has reached a record high of $465 million in supply. The milestone comes as Bullish completes trades involving its tokenized BLSH shares on a Gibraltar-regulated digital asset exchange.
The shares were originally issued on Solana and settled against a USD stablecoin, demonstrating the blockchain's growing role in regulated financial infrastructure.
Solana's tokenized equity market has been steadily increasing, with Bullish playing a key role. The company began bringing its equity onto Solana in May, becoming the first NYSE-listed company to fully tokenize its own equity cap table.
The $465 million figure is significant for Solana because it measures equity value represented on the network. However, it should not be confused with trading volume, which depends on liquidity, secondary-market activity, institutional participation, and regulatory access.