Anthony Scaramucci said Solana will lead the future of crypto assets, thanks to the huge potential of tokenizing assets in the financial industry. Tokenization of real assets (RWA) is becoming a prominent trend in the blockchain industry, attracting the attention of many large corporations.

At the Breakpoint 2024 conference, Anthony Scaramucci, founder of SkyBridge Capital, stated that tokenization will play a key role in transaction verification and that Solana will lead the way in this area.

Solana Leads the Way in Tokenized Assets

Anthony Scaramucci emphasized that tokenization helps streamline the financial system, eliminating the need for intermediaries, thereby reducing transaction friction. He revealed that the financial industry spends $7 billion a year on transaction verification.

At Breakpoint 2024, Scaramucci praised Solana for its pioneering role in tokenized assets, asserting: “The future belongs to tokenization, and Solana is leading the way.”

Scaramucci predicts that tokenization will make asset transactions smoother. At the event, Solana announced partnerships with major financial groups such as Franklin Templeton and Citi Bank.

Franklin will use the Solana blockchain for its on-chain investment fund, while Citi Bank is exploring the application of Solana for transaction processing and smart contracts.

SOL Preparing to Increase Price?

SOL price has surged more than 10%, breaking above the $130 support level, giving it momentum to move towards $200. Trader Peter Brandt predicts that SOL could rise another 30%, currently trading at $145 and potentially reaching $210 in the near term.