Galaxy Digital Partners with Superstate for Tokenized Public Shares on Solana

Galaxy Digital and Superstate have partnered to allow stockholders to tokenize and hold GLXY shares on the Solana blockchain. This marks the first time a public company has tokenized its SEC-registered equity directly on a major blockchain. Stockholders can now tokenize their GLXY shares through Superstate's Opening Bell platform.

Galaxy Digital Inc. (GLXY), a global leader in digital assets and data center infrastructure, has partnered with Superstate to tokenize its Class A common stock on the Solana blockchain. This marks a significant milestone as it is the first time a public company has tokenized its SEC-registered equity directly on a major blockchain. Effective immediately, stockholders can tokenize their GLXY shares through Superstate's Opening Bell platform [4].

The tokenization of GLXY shares aims to merge traditional equity compliance with blockchain benefits such as fast settlement and transparency. Unlike synthetic or wrapped tokenized stocks, Galaxy's shares are issued directly on-chain and tracked by Superstate as a transfer agent, recording changes to the shareholder register instantly as tokens move between verified wallets [3].

Superstate, acting as the SEC-registered transfer agent, records legal ownership on-chain in real time. This approach seeks to combine compliance with blockchain features such as fast settlement, transparency, and around-the-clock availability. Galaxy Digital founder and CEO Mike Novogratz commented, "We’re proud to be working with Superstate to help lay the groundwork for an on-chain capital market that bridges traditional equities with next-generation infrastructure" [4].

Galaxy's launch on Opening Bell represents a step-change in public equity infrastructure. The shares remain fully compliant and legally equivalent to traditional equity but now benefit from the speed, transparency, and efficiency of blockchains. By tokenizing on Solana, GLXY's equity gains 24/7 market potential and near-instant settlement [4].

Galaxy and Superstate are continuing to explore how tokenized public equities could trade via Automated Market Makers (AMM) in a regulatory-compliant manner, as part of the SEC's broader Project Crypto innovation agenda. Subject to these regulatory considerations, GLXY's tokenized shares—and future listings on Opening Bell—could be made available on AMMs and other DeFi platforms, unlocking broader liquidity and utility for investors and issuers alike [4].

Galaxy shares' contract address on Solana is 2HehXG149TXuVptQhbiWAWDjbbuCsXSAtLTB5wc2aajK. Any tokens from other smart contract addresses that claim to be on-chain shares of GLXY stock, or true issuances from Galaxy Digital, are fraudulent [4].

References:
[1] https://www.barrons.com/articles/galaxy-digital-tokenize-stock-fa4051d5
[2] https://cointelegraph.com/news/galaxy-digital-stock-tokenized-solana
[3] https://www.coindesk.com/business/2025/09/03/galaxy-digital-tokenizes-its-shares-on-solana-with-superstate
[4] https://www.marketscreener.com/news/galaxy-and-superstate-launch-glxy-tokenized-public-shares-on-solana-ce7d59dad089f52d