Strategy Tokenizes Stock on Solana for Continuous Trading
Strategy Inc., formerly known as MicroStrategy, has launched a tokenized version of its stock on the Solana blockchain. This move enables shares to trade 24/7 with instant settlement and zero fees on some swaps. Each token represents one real share held in custody and is fully redeemable, distinguishing it from synthetic tokens.
This development aligns with Strategy's large Bitcoin holdings and addresses the mismatch between continuous Bitcoin trading and traditional stock market hours. Early trading showed high volume and investor interest, but token holders face risks related to custody and redemption infrastructure.