Can Solana rival Wall Street? Kyle Samani thinks so

1 week ago

In an interrogation with Cointelegraph, Forward Industries’ Kyle Samani explains wherefore helium raised $1 cardinal for a Solana treasury strategy and however helium plans to bring planetary markets onchain.

Ethereum whitethorn person been archetypal to pioneer decentralized finance, but successful 2025, questions astir scalability inactive linger.

According to Kyle Samani, president of Forward Industries, Ethereum’s limitations permission the doorway wide unfastened for Solana. He argues that Solana is the lone blockchain already susceptible of supporting superior markets connected a planetary scale.

Recently dubbed the “Michael Saylor of Solana,” Samani is flattered by the examination but insists his imaginativeness goes acold beyond treasury strategy. Forward Industries, 1 of the largest treasury holders of Solana (SOL), the network’s autochthonal token, is moving to bring superior markets onchain: from equity tokenization and shareholder governance to dividends and fundraising.

“We privation to beryllium these things tin beryllium done,” helium said successful an in-depth speech with Cointelegraph.

In the interview, Samani points to a pivotal moment: a code by Securities and Exchange Commission (SEC) Chair Paul Atkins introducing “Project Crypto,” a program to research bringing US securities markets onchain. Samani viewed the remarks arsenic a awesome that accepted fiscal infrastructure is shifting to blockchain, suggesting Solana is well-positioned to enactment specified a transition.

Whether Solana tin realistically vie with Wall Street remains an unfastened question. Samani discusses some the imaginable and the risks, citing prospects specified arsenic staking features connected Solana exchange-traded funds (ETFs) and the challenges of navigating carnivore markets.

Watch the afloat interview connected Cointelegraph’s YouTube transmission to dive into Samani’s views connected Ethereum, tokenized equities and the imaginable for Solana to service arsenic a planetary colony furniture for superior markets.

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