Tokenized $GRND tops prior-day U.S. stock volume as Solana sees 63% of equity trading after hours and holder addresses pass 727K
Solana’s on-chain market for tokenized equities posted a milestone as more than 20 stocks—including NKE, GRND, HTZ and DKNG—went live on the network via Sunrise and were issued by Backpack Securities. Tokenized $GRND recorded more than $31M in trading in its first 24 hours, exceeding its previous day’s U.S. market volume. The update also said 63% of tokenized equity trading took place after the U.S. closing bell and holder addresses surpassed 727K. Solana also announced a $100K-prize tokenized equities hackathon, Stocklana, and a Washington x Wall Street Summit scheduled for Sept. 14 featuring SEC Chair Paul Atkins and Commissioner Hester Peirce.