Which issuer filed native SOL equity?

TLDR

Figure Technology Solutions is the issuer that filed to issue its equity natively on Solana (SOL), per a recent filing described in a Cointelegraph report.

1. Figure seeks SEC approval to list its own equity directly on Solana, not on traditional exchanges.
2. The plan is framed as a second IPO enabling on?chain issuance and trading for Figures shares.
3. It reflects a broader push for on?chain capital markets on Solana and Ethereum.

Deep Dive

1. The Issuer

Figure Technology Solutions filed to issue blockchain?native equity directly on Solana. The filing, presented as a second IPO, aims to bring issuance and trading on?chain rather than via Nasdaq or NYSE, according to a Cointelegraph report.

2. On?Chain IPO Angle

Figures plan is to issue equity that lives natively on a public blockchain, allowing routing and settlement directly in wallets and potentially interfacing with DeFi. The report above notes the intent to avoid traditional intermediaries and support on?chain trading and other actions for the security. This is distinct from tokenized receipts of off?chain securities and pushes toward primary issuance that is blockchain?first.

3. Market Context

This filing fits a growing pattern of regulated on?chain equity rails across major chains. Superstate recently rolled out a program for SEC?registered public companies to issue shares directly on Ethereum and Solana, expanding stablecoin?settled primary offerings and real?time record updates, as covered by CoinDesk.

Conclusion

The issuer is Figure Technology Solutions, which filed to issue its equity natively on Solana, signaling a move toward primary issuance directly on public blockchains. If regulators sign off, it could accelerate wallet?native issuance, faster settlement, and programmable corporate actions, with Solana positioned as one of the leading venues for on?chain capital markets.