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Can Solana rival Wall Street? Kyle Samani thinks so

In a recent interview, Kyle Samani, chairman of Forward Industries, discussed his $1 billion fundraising effort for a Solana treasury strategy aimed at integrating global markets onchain. Samani contends that due to Ethereum's scalability issues, Solana stands as the most competent blockchain to support capital markets globally. He emphasizes Solana's capabilities in areas like equity tokenization, shareholder governance, and fundraising. A key moment in Samani's perspective was a statement from SEC Chair Paul Atkins, hinting at the potential shift of US securities markets onto blockchain technology, which he argues positions Solana advantageously for this transition. He acknowledges both the opportunities and risks of such endeavors, including the development of staking features for Solana exchange-traded funds (ETFs) amidst market challenges. Samani urges further exploration of tokenized equities and Solana's role in the future of capital markets.

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CoinRoutes Acquires QIS Risk For $5M to Bolster Institutional Crypto Trading Tools

CoinRoutes has acquired QIS Risk for $5 million in cash and stock, aiming to enhance its institutional crypto trading capabilities. This acquisition merges CoinRoutes' algorithmic execution technology with QIS Risk's portfolio monitoring and risk analytics tools. Fred Cox, the founder of QIS Risk, will assume the role

SUI Declines 3% as $144M Token Unlock Spurs Selloff

SUI, the native token of the Sui network, dropped 3.3% over 24 hours, falling from $3.32 to $3.21. This decline was attributed to a significant token unlock event, with $143.9 million worth of tokens being released, which included 44 million tokens scheduled from September 29 to

Solana finalists: Ignition Demo Day at Singapore Token2049

During Token2049 week in Singapore, the Ignition Demo Day showcased six finalists from a total of 223 projects building on Solana, as part of Superteam Singapore's Ignition initiative. The finalists included Azza, Home Harvest, DeCharge, and Altify, each addressing unique market needs. Azza, described as a stablecoin neobank,

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