Newtown, Pa. – Solana Company (NASDAQ: HSDT), a publicly traded neurotechnology and digital asset treasury company, announced plans to tokenize its HSDT shares on Superstate’s Opening Bell, a regulated onchain issuance platform for tokenized stocks and funds.
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This move marks a milestone in Solana Company’s efforts to modernize access to public markets through regulated blockchain infrastructure. At launch, shareholders will be able to hold, trade and transfer tokenized HSDT shares directly on Opening Bell – benefiting from real-time settlement, 24/7 liquidity and transparent onchain ownership, while remaining fully compliant with existing securities regulations.
Bringing public markets onchain
The partnership reflects a growing institutional shift towards real-world asset (RWA) tokenization, mirroring regulated financial products on-chain for greater liquidity and interoperability. For Solana Company, it also strengthens its dual identity: both as a neurotech innovator and as a digital asset treasury with strategic exposure to Solana (SOL).
“The tokenization of HSDT through Superstate represents an important step toward realizing the vision of global, 24-hour capital markets – and we believe much of that activity will take place on Solana. Blockchain infrastructure will power the next evolution of traditional finance, and Solana Company’s leadership exemplifies the kind of progressive thinking that will define this new era.”
Cosmo Jiang, General Partner at Pantera Capital & Board Director at Solana Company
Opening bell of the superstate: the regulated bridge
Launching in May 2025, Superstate’s Opening Bell allows companies to issue and hold tokenized equity and fund shares native to the Solana blockchain. The platform integrates programmable compliance controls, transparent administration and institutional quality assurances, connecting traditional capital markets with the speed and configurability of Web3.
“The real, SEC-registered shares of Solana Company will be available on Solana, accessible 24/7 in a crypto wallet. That is the seismic change in the capital markets that we are leading – bringing public securities into a globally accessible, programmable financial ecosystem.”
Robert Leshner, CEO and co-founder of Superstate
Superstate, known for products like USTB (a tokenized US Treasury fund) and USCC (a crypto return-optimized fund), is one of the few regulated fintech companies bridging blockchain liquidity with public market compliance.
Institutional support and strategic alignment
The tokenization initiative follows Solana Company’s $500 million private investment in public equity (PIPE) that completed in September 2025 – one of the largest digital asset fundraisings of the year. The round was led by Pantera Capital and Summer Capital, with participation from institutional investors focused on the Solana ecosystem.
Pantera, an early investor in Superstate, continues to play a critical role in expanding the institutional adoption of tokenized finance. The partnership with Solana Company reflects a shared mission to accelerate the convergence of crypto-liquidity and traditional financial infrastructure.
“By bringing tokenized equity to regulated markets, Solana Company isn’t just adopting blockchain – it’s redefining what public ownership looks like in a digital-first economy,” a company spokesperson said.
In addition to its roots in medical devices, Solana Company has become one of the first publicly traded digital asset banks dedicated to acquiring and holding Solana (SOL). The treasury operations, structured in partnership with Pantera and Summer Capital, are designed to maximize SOL per share through strategic onchain capabilities while maintaining SEC compliance and transparency.
For more information, visit solanacompany.co and superstate.com.