According to ChainCatcher, the DeFi platform Step Finance has acquired the early-stage startup Moose Capital, which specializes in the tokenization of traditional stocks, aiming to allow users to buy and sell shares of companies like Nvidia and Tesla directly on the Solana blockchain.
In addition to acquiring Moose Capital's products (which it plans to rename Remora Markets), Step Finance has also absorbed the startup's team and regulatory licenses in preparation for a listing in the first quarter of 2025.
Step Finance aims to be the portfolio management tool and analytics hub for Solana users. It also owns the media company SolanaFloor, which focuses on the NFT market, and the global event project Solana Allstars, which is active in over 50 cities.