Galaxy Digital has endorsed Solana as the preferred blockchain for tokenized securities, citing its speed as a key advantage. Marc Cantonio of Galaxy Digital highlighted that NASDAQ shares are already being tokenized on Solana. Despite this endorsement, critics remain skeptical due to Solana's history of network outages and a perceived weaker ecosystem compared to Ethereum. Ethereum is still considered a more stable option for financial assets, given its established track record. Meanwhile, Coinbase has enabled trading of Solana tokens on a decentralized exchange without the usual listing procedures, which has raised some concerns. The debate over the most suitable blockchain for handling tokenized assets continues, with no clear consensus yet.
Galaxy Digital Endorses Solana for Tokenized Securities
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