As Solana turns six years old, the “memecoin chain” is quietly listing 200 plus tokenized stocks for Wall Street
The post As Solana turns six years old, the “memecoin chain” is quietly listing 200 plus tokenized stocks for Wall Street appeared on BitcoinEthereumNews.com.
For most of its life, Solana’s brand was straightforward: fast infrastructure for whatever crypto wanted to do at volume. By year four, that mostly meant memecoins, and it stayed that way until year five. Solana became known for being the infrastructure for high-profile, and sometimes controversial, memecoin launches. A few cases include President Donald Trump-linked TRUMP memecoin and the LIBRA token endorsed by the Argentinian president, Javier Milei. Blockworks data showed that memecoins accounted for nearly 30% of Solana’s average monthly DEX activity in 2025. The reputation of an on-chain casino was accurate. Although the brand hasn’t flipped, something else happened: institutions started building there anyway. In January 2026, Ondo brought more than 200 tokenized US stocks and ETFs to Solana, backed 1:1 by securities held with US-registered broker-dealers. Related Reading Ondo launches blockchain platform to tokenize US stocks for global investors Ondo GM will provide exposure to Apple, Tesla, SPDR, and more with stablecoin transactions. Feb 5, 2025 · Oluwapelumi Adejumo WisdomTree enabled native minting of its tokenized funds on the network, with institutional clients able to purchase, hold, and manage positions on-chain. Solana’s February payments report said Visa, PayPal, and Worldpay are building across treasury management, remittances, payouts, and merchant settlement. Citi explored tokenizing bills of exchange for trade finance in collaboration with PwC and Solana. The re-rating case: serious money no longer requires degen activity to disappear first. The barbell takes shape What makes this move non-obvious is that Wall Street didn’t wait for cultural cleansing. Traditional finance infrastructure often demands sterile environments before deployment, as banks don’t typically move into venues where 70% of monthly trading activity involves tokens named cartoon frogs. However, Solana’s institutional adopters appear to have made a different calculation: they need fast settlement, low fees, and liquid rails more than they need brand…
Filed under: News - @ March 17, 2026 2:28 pm