Forward Industries plans to launch tokenized stocks on the Solana chain

ChainCatcher reported that Solana treasury company Forward Industries (FORD) announced a partnership with fintech company Superstate, allowing shareholders to tokenize and hold Ford company shares on the Solana blockchain.

As part of the agreement, Forward Industries is expected to take a stake in Superstate. Based on the tokenization of Ford shares, the company also plans to collaborate with Drift, Kamino, and Jupiter Lend (the three largest lending protocols on Solana).