Wall Street is moving: stocks and bonds are moving on-chain to $SOL
Three things happened on-chain at $SOL this week that make for an interesting picture when taken together—traditional financial assets are moving onto Solana at an accelerating pace.
First: Leap, developed by a team backed by Solana Labs, launched its iOS beta. Users can trade tokenized stocks, ETFs, gold, forex, and cryptocurrencies directly on their phones, covering the widest range of asset types so far. Second: Formation Securities is pursuing the SEC’s “innovation exemption” pathway and plans to launch a 24/7 tokenized stock trading venue early next year. The initial lineup includes shares in major institutions such as Galaxy Digital. The third development is the most symbolic: century-old asset management giant Schroders moved its emerging-market bond strategy onto Solana (via Centrifuge)—old money is starting to use this chain.
What does this mean for traders? Tokenized RWAs are one of the more compelling narratives of this cycle: 24/7 U.S. stock trading, on-chain settlement, and fractional ownership meet real demand. Solana is currently ahead in this space, thanks to its speed and fee advantages, and the relationship between on-chain activity and $SOL ’s fundamentals will continue to grow.
The risks should also be clear: most of these products are still in testing or at an early stage of regulatory approval, and the compliance pathway for 24/7 stock trading is not yet complete. The RWA narrative has been hyped in several cycles; a narrative pointing in the right direction doesn’t mean token prices have to rise.
Do you think tokenized stocks can really win users over from traditional brokerages? Let’s discuss in the comments.
(Information from Decrypt/NewsBTC/Cointelegraph. Not investment advice.)
#SOL #ETF
Three things happened on-chain at $SOL this week that make for an interesting picture when taken together—traditional financial assets are moving onto Solana at an accelerating pace.
First: Leap, developed by a team backed by Solana Labs, launched its iOS beta. Users can trade tokenized stocks, ETFs, gold, forex, and cryptocurrencies directly on their phones, covering the widest range of asset types so far. Second: Formation Securities is pursuing the SEC’s “innovation exemption” pathway and plans to launch a 24/7 tokenized stock trading venue early next year. The initial lineup includes shares in major institutions such as Galaxy Digital. The third development is the most symbolic: century-old asset management giant Schroders moved its emerging-market bond strategy onto Solana (via Centrifuge)—old money is starting to use this chain.
What does this mean for traders? Tokenized RWAs are one of the more compelling narratives of this cycle: 24/7 U.S. stock trading, on-chain settlement, and fractional ownership meet real demand. Solana is currently ahead in this space, thanks to its speed and fee advantages, and the relationship between on-chain activity and $SOL ’s fundamentals will continue to grow.
The risks should also be clear: most of these products are still in testing or at an early stage of regulatory approval, and the compliance pathway for 24/7 stock trading is not yet complete. The RWA narrative has been hyped in several cycles; a narrative pointing in the right direction doesn’t mean token prices have to rise.
Do you think tokenized stocks can really win users over from traditional brokerages? Let’s discuss in the comments.
(Information from Decrypt/NewsBTC/Cointelegraph. Not investment advice.)
#SOL #ETF