According to Forbes, SOL Strategies, a Canadian listed company known for its "Solana version of micro strategies," announced that it has signed a non binding memorandum of understanding with financial technology company Superstat to explore the issuance of tokens representing common stock on the Solana blockchain through the Superstate platform. SOL Strategies stated that this move aligns with its mission of building institutional level infrastructure in the Solana ecosystem, aimed at enhancing market transparency and efficiency. However, the project is currently in the preliminary exploration stage and has not yet been in contact with the Canadian securities regulatory agency or the Canadian Stock Exchange (CSE). There is no clear timeline or direct impact on existing shareholders.
