SkyBridge founder Scaramucci: Solana to replace banks in IPO

Anthony Scaramucci, founder of SkyBridge Capital, said at the Solana Accelerate 2025 conference that Solana will become the backbone of global finance and will replace banks in the capital markets.
Scaramucci pointed out that the world spends nearly $7 trillion a year on transaction verification, and Solana's high-speed, low-cost infrastructure can slash those costs significantly. He predicts that Solana will become one of the main financial tracks for the tokenization of real-world assets, from stocks to bonds.
Scaramucci stressed that an on-chain IPO does not require a bank account, only a wallet, and that the Solana system can provide the same functionality but at a lower cost and wider coverage than a traditional IPO of up to 7%. Despite 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 said that Solana can achieve universal micro-ownership through tokenization, allowing everyone to become an investor.