- Scaramucci explains Solana’s potential in blockchain-powered IPOs.
- High throughput and low costs make it feasible.
- Wallet-based participation proposed to replace bank accounts.
Anthony Scaramucci, at the Solana Accelerate 2025 in New York, stated Solana could replace banks in conducting IPOs, allowing direct investment through blockchain.
Scaramucci’s declaration underscores a possible shift in IPO financing from traditional banks to blockchain. This shift could signal a larger trend toward asset digitization.
Anthony Scaramucci, speaking at the Solana Accelerate conference, predicted Solana could streamline IPOs, traditionally dominated by banks. He envisions blockchain as a direct route for public investment, enhancing financial accessibility.
“You don’t need a bank account to buy an on-chain IPO, just a wallet.” — Anthony Scaramucci, Founder, SkyBridge Capital
Scaramucci highlighted the role of Solana’s blockchain in asset tokenization. He referenced ongoing interactions with Solana co-founders, emphasizing the network’s potential to function like Wall Street for digital assets.
Institutional investors are taking note, with some showing interest in Solana’s scalability and cost efficiency. This could result in significant shifts in how digital assets, including stocks and bonds, are managed and exchanged.
The transition to a blockchain-driven IPO model could disrupt existing financial practices. This innovation aligns with evolving digital asset trends, potentially drawing additional regulatory scrutiny while opening new financial markets.
If realized, the approach could redefine global finance structures, challenging existing frameworks. Historical attempts on platforms like Ethereum suggest Solana’s distinct focus might overcome past obstacles, paving the way for broader adoption.
