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Andrea
Andrea
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- May 24, 2025 11:43 UTC
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Solana Will Replace Banks for IPOs, Says SkyBridge Founder Scaramucci
Anthony Scaramucci says Solana will power on-chain IPOs, replacing banks in capital markets.
He predicts Solana will become a core infrastructure for tokenizing real-world financial assets.
Institutional adoption of Solana is “inevitable,” despite regulatory friction, Scaramucci says.
At the Solana Accelerate 2025 conference, Anthony Scaramucci made one thing clear: Don’t treat Solana like just another blockchain; it’s gearing up to be the backbone of global finance.
The SkyBridge Capital founder, who’s now penning a book titled Solana Rising, believes traditional finance is on the brink of a major upgrade, with Solana at the core.
Bold claims but he’s backing it up with research, interviews with Wall Street CTOs, and conversations with Solana’s own Anatoly Yakovenko and Raj Gokal.
Here’s what you should know.
A $7 Trillion Problem, and Solana’s Fix
Scaramucci pointed to a staggering figure: nearly $7 trillion is spent globally on transaction verification. That inefficiency, he argues, is ripe for disruption. Solana’s high-speed, low-cost infrastructure could cut those costs dramatically – something no traditional system has managed to do.
“Think of Solana as the operating layer for real-world assets, in the same way Bitcoin is for money,” he said.
Scaramucci sees Solana becoming one of the major financial rails for real-world asset tokenization. We’re talking from stocks to bonds and everything in between.
On-Chain IPOs Could Break the Banking Barrier
Here’s one of the boldest promises. IPOs that don’t require a bank account.
“You don’t need a bank account to buy an IPO on-chain, just a wallet,” Scaramucci said.
He compared blockchain-powered IPOs to traditional offerings that can rack up 7% in fees, arguing Solana’s system could offer the same functionality at a fraction of the cost, with much broader access.
Institutional Adoption Is “Inevitable”
Despite ongoing regulatory friction, Scaramucci insists big players are circling. He called out JPMorgan’s Jamie Dimon as a cautious example, predicting major institutions will eventually custody and offer yield-bearing strategies using Solana and other Layer-1 assets.
“Solana will be part of a financial system where you not only stake, but also lend your assets – earning yield like you would in traditional finance,” he added.
SkyBridge is already working on such strategies.
“Make Everyone an Investor”
Scaramucci isn’t the only one highly bullish on Solana and its potential. Earlier this week, Solana Foundation’s Akshay BD laid out a broader vision: universal micro-ownership through tokenization.
The current financial model, he argued, locks out most retail investors. “Solana could make everyone an investor or a dreamer over time,” he said – especially in a world where low bond yields and overvalued markets leave few appealing options.
Here’s the bottom line:
Solana is not a niche project anymore. It’s gunning for Wall Street. And if the industry signals are anything to go by, the shift might be here soon.
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FAQs
Solana is a high-speed blockchain that supports decentralized apps, real-world asset tokenization, and low-cost financial transactions.
Solana shows strong growth potential with real-world use cases and institutional interest, but like all crypto, carries investment risk.
No. Bitcoin is a store of value, while Solana is a fast, scalable blockchain for decentralized apps and tokenized financial assets.
Solana is positioned to tokenize real-world assets, offering yield strategies and custody solutions for institutional investors.
Yes 
No 
