Solana Co-Founder Proposes Unconventional Nvidia Trade Route Through Meme Coin Fartcoin

Solana co-founder Anatoly Yakovenko proposed an unconventional route for trading tokenized shares, specifically Nvidia's (NVDA) stock. He suggested that a giant trade on Jupiter, Solana's main trade router, could be routed through Fartcoin (FARTCOIN), a meme coin with a market cap of around $167 million.

This proposed route would allegedly set the National Best Bid and Offer (NBBO) price for US brokers. Yakovenko first made this suggestion in April 2023, when he asked for more wrapped assets on Solana to enable Jupiter to route trades for everyone.

Fartcoin has gained approximately 44% in value over the past 90 days but is still trading at a significant discount of around 93% from its January 2025 peak. The token's liquidity has been flagged by onchain analysts, who detected a coordinated manipulation attempt in April that cost a Hyperliquid vault $1.5 million.

Solana ranks among the leading chains for tokenized stocks, with weekly volume nearing $3 billion, according to Grayscale. Tokenized equities are already listed on Jupiter alongside its meme coin markets, including Fartcoin.