DeFi Development Corp. (DFDV), a Nasdaq-listed company focused on crypto treasury management with a strong emphasis on Solana (SOL), announced it will tokenize its shares.
The new tokens, trading under the ticker DFDVx, will be issued on the Solana blockchain and listed on Kraken’s xStocks platform.
This move places DFDV alongside major tokenized stocks like Apple and Tesla, which also trade on the platform developed by tokenization specialist Backed and crypto exchange Kraken.
Growing Momentum for Real-World Asset Tokenization
The tokenized stock launch reflects growing interest in bringing traditional financial assets—such as equities, funds, and real estate—onto blockchain networks.
Tokenization offers benefits including 24/7 trading, faster settlement, and integration with decentralized finance (DeFi) applications.
By bridging the gap between traditional markets and blockchain technology, DFDV aims to increase liquidity and accessibility for its shareholders.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/defi-development-to-tokenize-nasdaq-shares-on-solana-network/