SkyBridge founder Scaramucci: Solana will replace banks for IPOs

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Deep Tide TechFlow news, May 24,

According to Coinpedia, Anthony Scaramucci, founder of SkyBridge Capital, stated at the Solana Accelerate 2025 conference that Solana will become a pillar of global finance and will replace the role of banks in capital markets.

Scaramucci pointed out that nearly $7 trillion is spent annually on transaction validation worldwide, while Solana's high-speed, low-cost infrastructure can significantly reduce these costs. He predicts that Solana will become one of the main financial rails for the tokenization of real-world assets, ranging from stocks to bonds and various other assets.

Scaramucci emphasized that on-chain IPOs do not require a bank account, only a wallet. Compared to the fees of up to 7% for traditional IPOs, the Solana system can provide the same functionality at a lower cost and with broader coverage. Despite facing regulatory resistance, he believes that institutional adoption of Solana is "inevitable," and SkyBridge is already developing related strategies.

Akshay BD from the Solana Foundation also stated that Solana can achieve universal micro-ownership through tokenization, allowing everyone to become an investor.

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