Solana Foundation Sees Blockchain Infrastructure Replacing Traditional Capital Markets

The Solana Foundation's president believes that traditional capital markets are becoming obsolete and will be replaced by blockchain infrastructure. The 'token supercycle' is a significant shift in the financial landscape, where every stock, bond, and piece of real estate moves onto blockchain. This change is driven by the need for programmable money to enable AI functionality.

The president sees this transition as the birth of 'universal basic ownership,' allowing anyone with an internet connection to have a stake in the global economy. This shift is not just a trend, but a fundamental change in how finance operates.