Scaramucci: we will tokenize stocks and bonds; Solana would be more obvious choice

According to SkyBridge Capital founder Anthony Scaramucci, it is Solana, not ETH, that will lead the “tokenization race.”

“If [BlackRock CEO] Larry Fink is right, and we end up tokenising stocks and bonds, Solana would be a more obvious choice,” Scaramucci noted.

Earlier, Fink said that tokenization would make capital markets more efficient and that asset management technology would enable the development of captivating apps.

Scaramucci’s perspective is based on Solana’s low fees and quick transactions. The businessman also admitted that his company owned SOL “in small sizes.”

According to RWA.xyz, the market capitalization of tokenized assets, stablecoins excluded, increased to $17 billion. At the end of the previous year, this metric was below $15 billion.

Tokenterminal experts noted that at the beginning of this year, the Solana blockchain had a considerable number of active users — over 97 million in 30 days.

Analyst Matthew Nay insists he does not see the project’s progress suspended. On the contrary, he predicts Solana’s economic activity will surge to a much higher level than that of traditional stock exchanges.