PANews reported on December 19th that, according to The Block, Nasdaq-listed SOL treasury company Forward Industries is issuing its shares on-chain via a native blockchain tokenization platform. As of Thursday, Forward stated, "Its SEC-registered shares are now listed on the Solana blockchain through Superstate's Opening Bell platform, marking the first time that equity in a publicly traded company can be directly used within the DeFi space." As the SPL token, the tokenized FWDI will be integrated into Solana's DeFi ecosystem. According to the arrangement, the tokenized shares will be held by a transfer agent under Superstate, which will be responsible for tracking share ownership in the non-custodial DeFi space and assisting in transferring shares from "traditional brokerage accounts to whitelisted Solana wallets."