Forward Industries wants to tokenize Nasdaq shares on Solana

Forward Industries collaborates with Superstate to tokenize FORD shares on Solana, paving the way for 24/7 trading, near-instant payments, and expanding global liquidity, subject to approval.

The plan is still awaiting clarification from regulatory bodies. Meanwhile, Forward intends to allow the use of tokenized FORD shares as collateral on Solana lending protocols such as Drift, Kamino, Jupiter Lend.