Powerus Tokenized Shares Launch on Solana After Oct. 1 Merger
The PUSA shares began trading Oct. 2 through Backpack Securities and the Sunrise platform. The launch followed Powerus Corporation’s merger with Aureus Greenway Holdings.
Powerus Corporation’s tokenized shares began trading on Solana under the ticker PUSA on Oct. 2, one day after the company completed its merger with Aureus Greenway Holdings on Oct. 1.
Backpack Securities issued the shares through the Sunrise platform. The combined company trades on Nasdaq as Powerus Corporation under the PUSA ticker. Tokenized shares are blockchain-based representations of company stock.
On Solana, 63% of tokenized-equity volume occurred while U.S. exchanges were closed. That figure covers activity across the network and does not describe PUSA trading specifically.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.