According to BlockBeats, Solana ecosystem's decentralized exchange (DEX), Jupiter, has officially launched its 'Giant Unified Market' (GUM) initiative on May 22. The plan aims to bring meme coins, real-world assets, stocks, and foreign exchange assets to the Solana blockchain and index them on Jupiter.
To realize this vision on Solana, Jupiter has introduced the GUM alliance, composed of top-tier assets, liquidity, and distribution teams. Over the next few months, Jupiter will work with these partners to complete three main tasks: 1. Introduce more assets to Solana 2. Create liquid markets for these assets 3. Integrate these markets into Jupiter and promote their adoption.
This move is a significant step towards expanding the range of assets available on the Solana blockchain and increasing their liquidity. By integrating these markets into Jupiter, the initiative also aims to promote the adoption of these assets within the Solana ecosystem.
