TechFlow, May 24 —
According to Coinpedia, SkyBridge Capital founder Anthony Scaramucci stated at Solana Accelerate 2025 that Solana will become the backbone of global finance and replace banks in capital markets.
Scaramucci noted that nearly $7 trillion is spent globally each year on transaction validation, and Solana’s high-speed, low-cost infrastructure could drastically reduce these expenses. He predicted Solana will become one of the primary financial rails for real-world asset tokenization, covering everything from stocks to bonds.
Scaramucci emphasized that on-chain IPOs require no bank account—only a wallet—and while traditional IPOs carry fees as high as 7%, Solana’s system can deliver the same functionality at lower cost and broader accessibility. Despite regulatory hurdles, he called institutional adoption of Solana "inevitable," noting SkyBridge is already developing related strategies.
Akshay BD of the Solana Foundation also stated that Solana can enable universal micro-ownership through tokenization, allowing everyone to become an investor.
