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🚨JUST IN: Tokenized $GRND stock on Solana has hit $31M in volume less than 24 hours after launch. That is nearly 2x $GRND’s ~$16.6M NYSE volume yesterday and already above its ~$25M average daily volume.
Is this the first time tokenized stock volume has flipped the TradFi stock market? This has to be the craziest thing happening in finance right now. Only possible on @Solana - OPOS. Built on @Backpack - BoB. 🎒
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Someone listed a Backpack meme, and, over the past 24 hours, its trading fees bought and distributed 137.73K BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy to meme holders 🤯
It's going to be really hard to convince startups to build stock products on Robinhood chain. Why would you? You're competing with Robinhood. Robinhood chain will do great. Robinhood is awesome, but it's a different category of thing. @solana's moat is and always will be it's vibrant startup ecosystem. The only choice serious founders have is a credibly neutral platform where your business isn't going to be directly killed by the house.
Stop saying meme. They're called moon coins.
Brick by brick. 🧱
