Today, $OPNW goes live in tokenized form on @Solana.
Issued by @Backpack, a licensed exchange, every token is backed one-for-one by a real share held in custody. These shares can now trade around the clock, move onchain, and be redeemed for the stock itself whenever its holder wants.
The debate around tokenized stock has been fierce of late. But it’s centered less on the tech itself, than on consent.
AMC's CEO called it “vile” when a company’s tokens were listed without permission. Then a political group ran a full-page ad in the Wall Street Journal urging CEOs to opt out of tokenization, and dozens did.
But we’re opting in.
OpenWorld is in the business of convincing institutions that tokenized assets are ready for the real world. The most direct argument we can make is to put our own equity onchain.
We believe tokenized equity is a better experience than the TradFi systems it’s replacing. It’s faster, more transparent, and more accessible for investors and companies alike. We’re listing first to prove it.
Today, $OPNW goes live in tokenized form on @Solana.
Issued by @Backpack, a licensed exchange, every token is backed one-for-one by a real share held in custody. These shares can now trade around the clock, move onchain, and be redeemed for the stock itself whenever its holder wants.
The debate around tokenized stock has been fierce of late. But it’s centered less on the tech itself, than on consent.
AMC's CEO called it “vile” when a company’s tokens were listed without permission. Then a political group ran a full-page ad in the Wall Street Journal urging CEOs to opt out of tokenization, and dozens did.
But we’re opting in.
OpenWorld is in the business of convincing institutions that tokenized assets are ready for the real world. The most direct argument we can make is to put our own equity onchain.
We believe tokenized equity is a better experience than the TradFi systems it’s replacing. It’s faster, more transparent, and more accessible for investors and companies alike. We’re listing first to prove it.