Woofun AI reports that Raydium has deployed a permissioned automated market maker on Solana, designed for assets requiring KYC verification and regulatory oversight. This infrastructure allows issuers to manage participant qualifications independently via smart contracts, restricting pool interaction to verified wallets. Superstate, an SEC-registered transfer agency, serves as the initial integrator, utilizing these pools to provide secondary market liquidity for its tokenized equity securities through the Opening Bell platform.