SkyBridge founder Scaramucci: Solana will replace banks for IPO

Anthony Scaramucci, founder of SkyBridge Capital, said at the Solana Accelerate 2025 conference that Solana will become the cornerstone of global finance and will replace banks in the capital markets.

Scaramucci pointed out that nearly $70 trillion is spent globally each year on transaction verification, and Solana's high-speed, low-cost infrastructure can significantly reduce these costs. He predicted that Solana will become one of the main financial tracks for tokenizing real-world assets, ranging from stocks to bonds and other assets.

Scaramucci emphasized that on-chain IPOs do not require a bank account, only a wallet. Compared to traditional IPOs with fees as high as 7%, the Solana system can provide the same functionality but at a lower cost and broader coverage. Despite facing regulatory resistance, he believes that institutional adoption of Solana is "inevitable," and SkyBridge is already developing related strategies.

Akshay BD of the Solana Foundation also stated that Solana can achieve universal micro-ownership through tokenization, allowing everyone to become an investor.