Formation Securities plans to launch a Solana-based tokenized stock trading venue in early 2027, with Galaxy, Exodus and Forward Industries as its first three issuers. The firm secured commitments from all three before announcing the venue and plans to approach additional public companies over the next two months, pitching tokenization as a way to reach investors beyond traditional stock exchanges, CoinDesk reports. https://www.coindesk.com/business/2026/11/06/solana-lset-for-its-first-tokenized-stock-venue-under-sec-framework-listing-galaxy