Solana Company to Tokenize HSDT Fund Shares on Superstate After $500M Raise
Solana Company, which trades on Nasdaq under the ticker HSDT, announced it will tokenize shares of its fund using Superstate’s platform. The firm says the tokenized shares will remain SEC-registered and subject to the same investor protection rules as their traditional counterparts. The plan follows a $500 million private investment that the company says will fund the rollout and related infrastructure work.
The move is a notable step for regulated asset tokenization, pairing blockchain efficiency with existing securities oversight. By keeping SEC registration and protections intact, the company aims to offer faster settlement, greater fractional liquidity and 24/7-transferability without foregoing compliance. If successful, the initiative could accelerate institutional interest in on-chain securities and boost demand for infrastructure services across the Solana ecosystem.