Upexi, a company listed on Nasdaq, is making a big move into the crypto world. It plans to tokenize its shares using the Solana blockchain. This decision was announced on June 26 through Opening Bell, a platform that allows stocks to be traded on-chain. The platform is created by Superstate, a fintech company.
Tokenizing shares on Solana will allow 24/7 trading, real-time settlement, adn access to crypto wallets. Upexi’s CEO, Allan marshall, said this move shows their belief in Solana and their goal to expand shareholder access.
opening Bell was launched in May 2025. It offers features like automation, token-based governance, and staking. Upexi is also increasing its Solana holdings. They now hold 735,692 SOL, worth about $105 million.
Upexi’s stock has faced some volatility recently. Shares dropped over 60% after a registration statement allowed the resale of 43.85 million shares. though, analysts still support Upexi’s strategy. Cantor Fitzgerald gave an “overweight” rating and a $16 target.
Upexi is part of a growing group of companies adopting Solana strategies.DeFi advancement Corp. and Sol Strategies Inc. are also working with Solana. They are tokenizing their shares and expanding their Solana holdings.
