Powerus went public Thursday. By Friday, its shares were on Solana

Image credit: Powerus. On Thursday, Powerus became a public company on Nasdaq. By Friday, its shares were on Solana. The sequence captures two technological shifts that initially seem unrelated. Powerus is building autonomous drones and counter-drone systems intended to move humans farther from the physical point of danger. At the same time, tokenized equities are beginning to move investors beyond the traditional brokerage infrastructure through which public stocks have historically been held and traded. In both cases, more of the execution layer is moving into software. Powerus completed its merger with Nasdaq-listed Aureus Greenway Holdings on October 1. Legacy Powerus shareholders emerged with roughly 83% of the common stock and approximately 93% of the combined company’s voting power, effectively transforming the listed entity into Powerus Corporation. (Thaler) One day later, Backpack Securities issued a tokenized representation of PUSA on Solana through Sunrise. Each token is designed to be redeemable 1:1 for an underlying Powerus share and transferable back into traditional brokerage infrastructure for eligible investors. (Solana Compass). As of 2:45pm on the day of release ...