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Scaramucci Predicts Solana Adoption by Major Players: Details

Scaramucci Predicts Solana Adoption by Major Players: Details

CryptoNewsNet2025/05/24 13:09
By: u.today
BTC+0.37%SOL+1.75%

At the Solana Accelerate conference, financier Anthony Scaramucci outlined a bold vision for the blockchain’s role in reshaping global finance, confirming he is currently authoring a book titled Solana Rising.

The book, set for release in September, explores the blockchain's real-world applications and long-term potential as a leading infrastructure for tokenizing financial assets.

Scaramucci, founder of SkyBridge Capital, shared insights from his ongoing research, which includes interviews with Solana co-founders Anatoly Yakovenko and Raj Gokal, as well as Wall Street CTOs.

He highlighted that an estimated $7 trillion is spent globally on transaction verification, a cost that could be slashed by using blockchain systems like Solana.

Thanks to its speed, cost-efficiency and throughput, Scaramucci believes Solana will become one of the major “rail systems” for finance, particularly for real-world asset tokenization such as stocks and bonds. “Think of Solana as the operating layer for real-world assets, in the same way Bitcoin is for money,” he explained.

Solana institutional adoption

Scaramucci also emphasized the promise of on-chain IPOs, which he said could dramatically lower capital-raising costs and expand access to millions of unbanked people worldwide.

“You don’t need a bank account to buy an IPO on-chain, just a wallet,” he noted, contrasting the 7% IPO fees of the past with blockchain’s ability to offer similar services at a fraction of the cost.

He added that institutional adoption is inevitable, despite regulatory hesitancy and political friction. Citing JPMorgan CEO Jamie Dimon’s cautious approach, Scaramucci predicted major financial players will eventually custody and offer yield-bearing strategies with Solana and other Layer-1 tokens.

The SkyBridge founder concluded by emphasizing a coming shift toward crypto assets as yield-generating instruments. “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 said. SkyBridge is actively working on such strategies.

With Solana Rising, Scaramucci hopes to demystify blockchain’s financial applications and advocate for broader institutional and regulatory embrace of on-chain finance.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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