Mint to Put Nasdaq Shares Onchain on Ethereum & Solana (2 Networks)

For the onchain ecosystem, a Nasdaq-listed issuer choosing both Ethereum and Solana for share tokenization is a stress test for whether public equities can plug into DeFi rails—wallets, smart contracts, and real-time settlement—without moving the official listing off Nasdaq. Mint's announcement, attributed to its own press release, doesn't alter share rights but could make the tokenized shares programmable assets on two of the largest smart-contract networks.

On September 3, 2026, Hong Kong-based Mint Incorporation Limited (Nasdaq: MIMI) announced that it has entered into a binding consulting agreement with CURRENC Capital Inc., a wholly owned subsidiary of Nasdaq-listed Currenc Group Inc., to support the issuer-sponsored tokenization of a portion of Mint's issued and outstanding Class A ordinary shares on the Ethereum and Solana blockchains. The company, which describes itself as strategically focused on artificial intelligence and robotics alongside an established business interior design and fit-out works business, said the initiative is intended to modernize share ownership records and administration. The announcement came via GlobeNewswire and was distributed across financial newswire outlets; both available sources are press releases, so the development is an issuer claim rather than a completed, independently verified transaction.

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The tokenization would place a portion of Mint's outstanding Class A ordinary shares onchain on Ethereum and Solana.

Under the arrangement, CURRENC Capital will provide end-to-end advisory and facilitation support. Transfer agent, registrar, and tokenization platform services are to be provided under a separate arrangement that Mint did not identify in the release. The tokenization would place a portion of Mint's outstanding Class A ordinary shares onchain on Ethereum and Solana. The company was explicit that the tokenization is not intended to amend the rights attaching to the Class A ordinary shares; instead, how those rights are exercised with respect to tokenized shares will be governed by the tokenization arrangements and Mint's existing Memorandum and Articles of Association. Mint's Class A ordinary shares will continue to trade on the Nasdaq Capital Market and settle under ordinary settlement arrangements applicable to Nasdaq-listed securities.

This structure is significant because it treats tokenization as a parallel recordkeeping layer, not a replacement for the traditional listed-share register. The choice of two public blockchains—Ethereum and Solana—signals an attempt to reach different segments of the digital-asset market. Ethereum remains the dominant smart-contract network for tokenized securities and institutional DeFi pilots, while Solana offers lower transaction fees and faster throughput, which could appeal to retail and high-frequency onchain interactions. A dual-chain issuance, if completed, would be a notable test of whether a Nasdaq-listed issuer can maintain one official share register while making shares available as blockchain-based tokens across multiple networks without fragmenting beneficial ownership or complicating corporate actions.

From a market perspective, the announcement could have several implications. For Mint, a microcap Hong Kong company, the tokenization initiative may raise visibility among crypto-native investors and position the company as an early mover in issuer-sponsored equity tokenization. For CURRENC Group, the mandate highlights the emergence of advisory firms specializing in regulated tokenization. For Nasdaq and traditional transfer agents, the move poses a question about the future of share registries: if issuers can tokenize a portion of their own listed stock, incumbent intermediaries may face pressure to integrate blockchain-compatible services. However, because the release does not specify the size of the tokenized tranche, the immediate market impact is difficult to assess.

Regulatory risk is the central constraint. Mint stated that completion remains subject to applicable regulatory requirements and that there can be no assurance the tokenization will be completed or completed on the contemplated timetable. Tokenizing shares of a U.S.-listed company on public blockchains implicates securities recordkeeping, transfer agent regulation, potential broker-dealer and custody rules, and anti-money-laundering obligations. Hong Kong's own regulatory framework for digital assets may also apply, particularly given Mint's domicile. The release does not disclose whether any regulatory filings have been made or whether the tokenized shares would be offered to U.S. investors under a registration exemption or another framework. These unknowns require a cautious reading of the announcement.