SkyBridge Founder: Solana Will Replace Banks for IPOs
According to Coinpedia, SkyBridge Capital founder Anthony Scaramucci stated at the Solana Accelerate 2025 conference that Solana will become a pillar of global finance and will replace banks in the capital markets.
Scaramucci pointed out that nearly $7 trillion is spent annually worldwide on transaction verification, and 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, from stocks to bonds and various other assets.
Scaramucci emphasized that on-chain IPOs do not require a bank account, just a wallet, and compared to traditional IPO fees of up to 7%, the Solana system can offer the same functionality at a lower cost and with broader coverage. Despite facing regulatory resistance, he believes 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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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