Solana Company and Superstate Partner to Tokenize SEC-Registered $HSDT Shares Onchain

Newtown, Pa. — Solana Company (NASDAQ: HSDT), a publicly listed neurotech and digital asset treasury firm, has announced plans to tokenize its HSDT shares on Superstate's Opening Bell, a regulated onchain issuance platform for tokenized equity and funds.

This initiative represents a critical step in Solana Company’s mission to modernize public market access through regulated blockchain infrastructure. Upon launch, shareholders will be able to hold, trade, and transfer tokenized HSDT shares directly on the platform, benefiting from real-time settlement, 24/7 liquidity, and transparent onchain ownership. All of this will be achieved while maintaining full compliance with existing securities regulations.

The partnership between Solana Company and Superstate reflects a broader institutional trend toward the tokenization of real-world assets (RWA). This approach enables regulated financial products to be mirrored onchain, unlocking greater liquidity and interoperability.

For Solana Company, this initiative strengthens its dual identity as both a neurotech innovator and a digital asset treasury with strategic exposure to Solana (SOL).

“The tokenization of HSDT through Superstate represents a major step toward realizing the vision of global, around-the-clock capital markets — and we believe much of that activity will happen on Solana. Blockchain infrastructure will underpin the next evolution of traditional finance, and Solana Company’s leadership exemplifies the kind of forward thinking that will define this new era.” — Cosmo Jiang, General Partner at Pantera Capital & Board Director at Solana Company

Superstate’s Opening Bell, launched in May 2025, is a regulated platform enabling companies to issue and manage tokenized equity and fund shares directly on the Solana blockchain.

The platform provides:

• Programmable compliance controls
• Transparent recordkeeping
• Institutional-grade safeguards

This allows traditional capital markets to benefit from the speed and modularity of Web3 technologies.

“Solana Company’s real, SEC-registered shares will be available on Solana, accessible in a crypto wallet 24/7. That’s the seismic change in capital markets we’re leading — bringing public securities into a globally accessible, programmable financial ecosystem.” — Robert Leshner, CEO & Co-Founder of Superstate

Solana Company’s tokenization initiative is supported by a $500 million private investment in public equity (PIPE), completed in September 2025. This is one of the largest digital asset treasury fundraisings of the year, led by Pantera Capital and Summer Capital, and joined by other institutional investors deeply involved in the Solana ecosystem.

Pantera Capital, an early investor in Superstate, continues to drive institutional adoption of tokenized finance. The collaboration between Pantera and Solana Company underscores a shared mission to accelerate the integration of crypto liquidity with traditional financial frameworks.

“By bringing tokenized equity into regulated markets, Solana Company isn’t just adopting blockchain — it’s redefining what public ownership looks like in a digital-first economy.” — Company Spokesperson

Originally founded as a medical device company, Solana Company has evolved into one of the first publicly traded digital asset treasuries focused on holding and acquiring Solana (SOL).

Through strategic partnerships with Pantera Capital and Summer Capital, Solana Company maximizes shareholder value by focusing on onchain opportunities while adhering to SEC compliance and maintaining full transparency.

To learn more about these innovations, visit:
🔗 Solana Company
🔗 Superstate