Upexi to tokenize shares on Solana, adds 56K SOL to treasury

Upexi, listed in Nasdaq, takes a major step in the cryptographic capital markets by announcing plans for Tokensize its actions on the Solana blockchain.

On June 26, the company announcement It will bring its stocks to the chain by opening Bell, a regulated equity emission platform developed by Fintech Superstate. This decision aims to provide 24/7 exchanges, real-time payment and extended access to investors via crypto-native portfolios.

“The actions of Tokenizing Upex on Opening Bell reflect our strong conviction to Solana and our commitment to expand access to shareholders thanks to a chain transformative technology,” said CEO Allan Marshall.

Launched in May 2025, the opening of Bell unlocked decentralized finance features such as automation, governance based on chips and implementation by allowing compliant programmable actions. The announcement comes as the Upexi deepens its cash based on Solana.

The company has revealed that it now has 735,692 Solana (GROUND), an increase of 8% compared to 679,677 soil in May. At current prices, assets are about $ 105 million.

Upexi started her pivot In April 2025 with a private internship of $ 100 million led by the Crypto GSR trading company. This is now the largest Solana cash company, aimed at accumulating soil and generating yields thanks to implementation and yield strategies.

However, the actions of the company have experienced recent volatility. The shares fell by more than 60% to less than $ 4 on June 24 after a registration statement granted a resale of 43.85 million shares, the entire float in April. While the fears of the sale of initiates surfaced, Marshall called the deposit routine and specified that no initiate unloading had been confirmed.

Analysts supported the strategic change of the Upexi despite volatility. Cantor Fitzgerald launched a coverage in June with a “overlapping” note and a target of $ 16, citing the growing activity and call of Solana as an Ethereum Treasury (Ethn).

The company joins a growing cohort of companies adopting native Solana strategies. Development Corp., the first company listed in the United States tokenize The actions in Solana, joined Kraken and supported to launch his DFDV actions on June 24. The company now holds more than 600,000 soil and runs a validator infrastructure, with its DFDVSOL token of liquid joy integrated into the Defici ecosystem in Solana.

Meanwhile, Sol Strategies Inc. holds 40,000 soil and got A convertible ticket of $ 500 million in May from Atw Partners to extend its treasure. The company works with superstate for Tokensize its actions via the opening of Bell.