Solstice Finance has launched a Solana-based token that takes the dividend from a Nasdaq-listed preferred stock and divides it into two pieces with different risk levels, a first for decentralized finance. Solstice Finance is a platform that builds yield products for institutional investors on Solana, the fast, low-cost blockchain. Its new token, strcUSX, is tied to Strategy Inc.'s Series A Perpetual Preferred Stock, known as STRC, a Nasdaq-listed instrument that pays a 12% annual dividend every two months. Related: Strategy stock slides after $108M saleThe gap the product targetsSTRC pays steady dividend income, but its market price moves separately from that income. "Bitcoin is the asset, and Solana is the infrastructure," said Ramzy Ali, Head of DeFi at the Solana Foundation.