Onpharma launches Solana-based STO for tokenized equity shares

The U.S. dental medical device company is bringing its equity on-chain with First Block and Crito Capital, offering qualified investors tokenized shares settled and distributed on Solana.

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Summary

Onpharma has launched a security token offering, or STO (sale of tokenized securities), on Solana with First Block and Crito Capital, putting the U.S. dental medical device company's equity on-chain. The offering gives qualified investors access to tokenized shares, using Solana for settlement and distribution. The move reflects a broader push to use blockchain rails for private-market securities, where tokenization can streamline ownership transfers and investor access while keeping offerings limited to eligible buyers.

Terms & Concepts
  • STO: Sale of tokenized securities to investors.
  • tokenized shares: Company equity represented as blockchain-based tokens.
  • settlement: Final transfer of ownership after a trade.