Morgan Stanley Bets on Solana With Cheapest ETF Yet
Wall Street's new Solana play arrives the same week tokenized assets on the chain doubled in six months — timing that looks less like coincidence and more like capitulation.
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Wall Street's new Solana play arrives the same week tokenized assets on the chain doubled in six months — timing that looks less like coincidence and more like capitulation.
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While everyone's been arguing about whether crypto has real-world utility, Solana quietly became the stock market's back-office. Solana now processes 95% of on-chain tokenized equity volume, captured by rwa.xyz's new analytics dashboard tracking 2,613 tokenized stocks worth $1.85 billion
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A public company just spent $86 million buying back its own stock while sitting on nearly 5% of Ethereum's entire supply — the clearest signal yet that corporate treasuries see ETH as a balance sheet asset, not just a speculative trade.
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When a company trying to own 5% of Ethereum's total supply hits pause to buy its own stock instead, you're watching capital allocation theory collide with crypto maximalism in real time.
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Wall Street's going on-chain, but the $15 billion parked in tokenized treasuries mostly just sits there — the infrastructure arrived before the use cases did.
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The gap between "AI can code" and "AI can ship production smart contracts" just collapsed. Anthropic merged Claude's Chat and Cowork modes into a unified interface with local file access and persistent memory, rolling out first to Max plan users
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The man who could move markets with a tweet instead spent his weekend proving you can post anonymously on-chain without anyone knowing who paid for it.
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The stablecoin war is no longer just Tether versus Circle, and Solana is the battlefield where the next generation is proving it. Solana's non-USDC/USDT stablecoin supply hit $4.81 billion, driving total stablecoin market cap on the chain to $15 billion
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Wall Street's blockchain bet just quadrupled in seven months, and the money manager doing it isn't some crypto startup — it's a 77-year-old mutual fund giant.
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Robinhood's stock is now trading 24/7 on Solana before Robinhood itself has launched its own tokenization platform.
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Ethereum's monopoly on real-world asset tokenization just cracked, and the chain doing it runs on the exchange everyone loves to hate. BNB Chain's total value locked in tokenized real-world assets hit $5.2 billion, marking an all-time high and a 32.26% increase in just one month
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The payments giant just handed 15,000 banks the keys to onchain rails without forcing them to hire a single Solidity developer. Visa launched the Visa Stablecoin Platform, letting its network of 15,000 banks and 200 million merchants mint and move stablecoins starting with Open Standard's OUSD
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Robinhood just proved you can launch a Layer 2 without a token airdrop or VC hype cycle and still pull half a billion in value. Robinhood Chain hit $400M in total value locked within two weeks of its July 1 launch, with $170M in ETH bridged from Ethereum in just the first week
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Bitcoin's culture war over what counts as "spam" just got a client fork with teeth. Runestone co-founder launches DOG Mode, an alternative Bitcoin client that removes Bitcoin Core's transaction size limits to enable Ordinals and Runes activity
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The fight over what belongs on Bitcoin's blockchain just went from committee meeting to code fork. BIP 110 proposes restricting arbitrary data on Bitcoin through a consensus change, but has almost no miner support
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Eight weeks of bleeding $8 billion just stopped, and the biggest money manager on Earth turned the faucet back on. BlackRock's IBIT brought in $79.15M on July 16, leading U.S. spot Bitcoin ETFs to snap an eight-week outflow streak that drained over $8 billion from the category
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Japan just proved that real-world asset tokenization isn't vaporware—it's happening at billion-dollar scale, with yen-backed rails, and the infrastructure is already live.
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The first TradFi giant to admit Bitcoin spot ETFs were just the opening act. T. Rowe Price launched the industry's first actively managed multi-token spot crypto ETF, breaking from the single-asset Bitcoin and Ethereum products that dominated 2024's ETF wave
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The last time a Wall Street giant put crypto in front of millions of retail clients, it was ETFs that custody your coins for you. This time, you hold the keys.
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The boring brokerage your parents use just made it easier to buy Solana than to buy a municipal bond.
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