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Posted: 2025-04-30 23:05:31 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-30 23:05:49 UTC
Verified By
Rollup News
Solana Institute, Superstate Funds, and Orca, with support from Lowenstein LLP, have submitted a proposal to the SEC called Project Open for a pilot project to enable the issuance and trading of equity securities on public blockchain networks like Solana.
Proposal for equity securities trading on Solana blockchain
Collaboration between Solana Institute, Superstate Funds, Orca, and Lowenstein LLP
Pilot project submission to the SEC
Regulatory approval from the SEC
Ensuring compliance with securities laws
Addressing potential risks associated with blockchain-based securities trading