SoloTex Bringing Stock Tokens to U.S. Retail Traders After FINRA Nod
The post SoloTex Bringing Stock Tokens to U.S. Retail Traders After FINRA Nod appeared on BitcoinEthereumNews.com.
While the recent wave of tokenized stocks has mostly targeted offshore users, a new platform called SoloTex aims to bring equity tokens to U.S. retail traders in a compliant way. Texture Capital, a U.S.-based broker-dealer registered with the SEC and FINRA, said it has received regulatory approval to launch SoloTex, a retail trading venue that lets investors buy tokenized versions of U.S. equities with stablecoins like USDC$0.9999. The platform, built in partnership with tokenization firm Sologenic, is expected to go live by the end of 2025. In an interview with CoinDesk, Texture Capital CEO Richard Johnson and Sologenic CEO Mike McCluskey said that SoloTex aims to distinguish itself from competitors by offering real share ownership with the tokens. The platform issues the tokens only when the underlying stock is purchased and holds real shares in regulated custody under U.S. legal frameworks, in contrast to offshore, synthetic structures or exposure through special purpose vehicles (SPV). “We believe this is a first for the U.S. market and it sets the stage for a new era of asset ownership through tokenization,” McCluskey said. Stock tokenization spreads Tokenization of traditional assets has drawn growing interest from major financial firms and startups alike. Institutions like JPMorgan and Franklin Templeton have experimented with tokenizing assets like treasuries and money market funds. The process promises faster settlement, lower fees and broader market access and it could mushroom to a multitrillion-dollar market over the next decade, according to projections. Tokenized stocks gained steam earlier this year as a roster of trading platforms and crypto exchanges rolled out tokenized equities including Gemini, Kraken, Bybit and Robinhood. But existing offerings have remained largely inaccessible to U.S. retail investors due to regulatory complexity. Meanwhile, synthetic stock tokens or exposure through special purpose vehicles (SPVs) that often don’t provide actual share ownership.…
Filed under: News - @ October 16, 2025 1:27 am