Nike Debuts $NKE Stock Token on Solana Blockchain

Nike has launched a $NKE stock token on the Solana blockchain through Sunrise. This move allows crypto-native investors to trade exposure to Nike shares using Solana-based decentralized finance platforms.

The tokenized format connects traditional equity exposure with Solana wallets and trading tools, providing onchain access to Nike's equity for the first time. Sunrise acts as the venue for $NKE token activity, making it easier for crypto-focused investors to engage with Nike's stock.

Nike's decision to issue a $NKE stock token on Solana is part of a wider shift towards onchain capital markets, according to the company's data. The move could increase touchpoints with a younger, crypto-native audience and widen the distribution channel for the ticker.