Can Solana rival Wall Street? Kyle Samani thinks so

In an interview with Cointelegraph, Forward Industries’ Kyle Samani explains why he raised $1 billion for a Solana treasury strategy and how he plans to bring global markets onchain.

Ethereum may have been first to pioneer decentralized finance, but in 2025, questions about scalability still linger.

According to Kyle Samani, chairman of Forward Industries, Ethereum’s limitations leave the door wide open for Solana. He argues that Solana is the only blockchain already capable of supporting capital markets on a global scale.

Recently dubbed the “Michael Saylor of Solana,” Samani is flattered by the comparison but insists his vision goes far beyond treasury strategy. Forward Industries, one of the largest treasury holders of Solana (SOL), the network’s native token, is working to bring capital markets onchain: from equity tokenization and shareholder governance to dividends and fundraising.

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