$SPCX is now live on @Solana via Sunrise.
The biggest IPO in history priced on Nasdaq this morning.
Issued by @Backpack Securities, $SPCX brings a tokenized SpaceX share onchain, on day one, trading across every Solana wallet and app 24/7.
Own something.
@Backpack Securities has launched tokenized SpaceX shares on Solana that can be redeemed in Backpack Securities for the underlying share
→ Redeemable for a real SpaceX share
→ Moves freely between brokerage and Solana
We are hiring for a newly opened stealth role of growth at @dflow
You will work relentlessly alongside me, @niteshnath, & @moonpay on a singular mission
You will go to war on this app over memetics, agent, & human psychology next to @mert and @vibhu
Bonus if you're in Miami
If you were hoping for a quiet few days after Accelerate USA, the Solana ecosystem didn’t get the memo.
From global payment giants and enterprise cloud agents to tokenizing 151M-share cap tables, the shipping didn’t pause.
Here’s everything that happened.
📰 Headline News
- @WesternUnion launched its USDPT stablecoin on Solana via @Anchorage for its global payment network
- @SolanaFndn introduced Pay. sh in collaboration with @googlecloud, delivering a machine-native commerce marketplace for AI agents
- @Bullish tokenized its full 151M-share cap table on Solana following its acquisition of @Equiniti
📰 Launches
- @StateStreet launched SWEEP, its tokenized onchain liquidity fund in partnership with @galaxyhq
- @MoonPay acquired @DFlow to bring an unified onchain consumer experience
- @joinrepublic opened trading for tokenized @animocabrands equity on Solana
- @Securitize partnered with @jumptrading and @JupiterExchange to establish fully onchain and regulated trading for tokenized equities
- @Anchorage and J.P. Morgan Asset Management revealed a solution designed to power cashless stablecoin reserves on Solana
- @jito_sol unveiled @jtx_trade, a self custodial trading platform featuring CEX grade execution
- @RockawayX debuted Zela, an integrated execution stack designed to minimize latency for high-frequency actors
- @reflectmoney overhauled its stablecoin infrastructure with venue-agnostic routing, independent risk analysis and new features
- @altitude introduced the Altitude Card, enabling virtual stablecoin spending for businesses
- @RaposaCoffeeCo announced partnerships with the Miami Heat and Miami Marlins
- @privy_io activated Digital Asset Accounts on Solana
- @SoFi, a regulated US bank expanded its stablecoin SoFiUSD to Solana
- @moonpay shipped a Desktop App + CLI for agentic commerce
- @jump_firedancer initiated the rollout of the Firedancer 1.0 validator client
- @JupiterExchange rolled out Limit Order V2+, featuring off-chain privacy to prevent frontrunning
- @phygitals teased its mobile ahead of its official launch this month
- @SuperteamIN announced India Startup Village 2026, a 10-day residency for builders
- @dflow became the primary Solana liquidity router for Coinbase
- @DeloreanLabs’ DMC and @TAO_dot_com’s TAO launched on Solana via @sunrisedefi
- @formacity transitioned to permanent popup operations with a new location in the UK
- @BAXUSco activated physical RWA vending machines for direct spirits collection and trading
- @Slabzapp debuted an RWA collectibles arcade to gamify the post-pack-opening experience
- @ArcherExchange_ exited private beta after recording $1.5M in volume across 10K+ trades
- @craftsdev announced Solana’s first sealed-bid auction
- @KASTxyz launched stablecoin cashback on global card transactions
- @PhoenixTrade enabled JTO trading with up to 5x leverage
- @VeryAI introduced AG9, a Know Your Agent (KYA) standard giving agents portable identity, credentials, and verification
- Breakpoint 2026 tickets are open with limited early bird tickets
- Hacker Houses is back ahead of BP26 in London for 12 days
📰 Milestones
- Solana set a new ATH for RWA adoption with 200K+ onchain holders
- @PreStocks surpassed $1B in total transacted volume
- @JurassicFi secured $5M+ in commitments for its raise on @futarddotio
- @FWDind and @RockawayX co-led a $5M Series A for @onrefinance
- @solstrategies acquired @houdiniswap
If you enjoyed this week’s newsletter, please share it with an RT.
Artwork by @TrevElViz 🔥
The Coinbase layoff news this week was difficult to see. A lot of incredibly talented people were impacted.
For those affected- the broader crypto ecosystem continues to grow. The Solana ecosystem currently has 450+ open roles across startups and established teams.
Builders are still building.
https://t.co/ZTA1pNuukk
My thesis here for $SOL is it’s the best chain for AI (cheapest and fastest infra w best engineering)
My thesis for why AI happens on SOL is AI makes it extremely easy to build projects and the open/global nature of crypto will enable a crazy sector innovation cycle (easy capital formation x easy to create apps x overnight global communities)
We use our treasury to support the growth of the Solana economy. That is, definitionally, DeFi.
But economies don’t exist in isolation. For Solana to be healthy, all of defi has to be healthy.
We like competition. We compete hard. But if we zoom out, we’re all pushing toward open finance and open systems.
We’ve deployed our treasury into Solana DeFi for many years. We supported Tether’s recovery plan for Drift.
In moments like these, it’s important to show up for the broader ecosystem too.
That’s why we are lending USDT into @aave for the first time to support their recovery efforts, and we will also be bringing $AAVE to Solana this weekend.
DeFi United
I’m excited to announce I started at @SolanaFndn as new Developer Relations Engineer, specifically focusing on AI. As I start my work, I want to talk about high level how I think about the job, how it’s transforming in the age of AI and why Solana is the best place to build agentic applications that make use of blockchains.
Need to address some glaring inaccuracies in the current discourse about @Solana.
Would bet a significant amount that we (at SF & as an ecosystem) do more to support founders/builders than any other network, and it’s probably not even that close.
First, let’s talk about funding:
- Since Jan 1, we’ve run 3 Hackathons (Privacy, Consumer/NFTs/Gaming, Agents), and Labs ran their own (Mobile), and there are many more coming including the global Solana hackathon with Colosseum. Additionally, eco teams like Ranger and Arcium recently debuted hackathons. These come with millions in prizes.
- Solana builders can join @colosseum or @incubator for YC-style funding, investments, and mentorship with our direct support. Founders in Colosseum alone have gone on to raise $650 million+ in venture funding.
- @Superteam is our global founder network, with thousands of members - and we just launched Superteam USA to fund and assist founders in the biggest market. Superteam is Solana family, designed for builders.
- Superteam offers instagrants up to $10k + Earn which has paid out millions, YC founders building on Solana can get up to $50k extra, Kalshi x Solana has a $2m fund for prediction markets, and SF offers evergreen grants for open source & public goods with a $40k average check size. Many other teams offer grant-style funding as well, including Monke Foundry, Metaplex, Wormhole, Bonk, Seeker, etc.
In total, Foundation and adjacent entities fund tens of millions collectively each year into early stage startups and builders who are advancing the network, with no equity commitments or tradeoffs - in service of growing the ecosystem.
Second, let’s talk about distribution:
- Foundation holds events all over the world directly, including Accelerate and Breakpoint, but also assists with funding and resources for community events like mtndao, Solana Summit, and many other hyper regional events. Our entire goal: put builders on stage, give them an audience, and then help them distribute their message.
- Since Jan 1, @Solana has amplified 300+ different ecosystem companies. In fact we handle so much inbound load from teams wanting amplification that we built multiple targeted handles to do this even better, like @capitalmarkets, @solanapayments, and @x402.
- Even in Gaming, we dedicate distribution resources to builders through @solanagaming, and stream games multiple times per week.
- Our distribution has real impact. Last month we sent our live team to @mtndao to host Demo Day, and platformed dozens of builders by putting them on stage, livestreaming them, and then clipping their segments. One team, Tapestry, noted that after the stream they had thousands of new downloads on their mobile app.
- @Luminaries, our top content creator collective, distributes stories from ecosystem builders through 50+ influencers across many different channels
- We produce hundreds of high quality videos and clips per year across stories, explainers, and education that feature our ecosystem teams
- SF hosts 10 regular podcasts to feature ecosystem teams, and sponsors and produces countless others, like The Index and Genfinity. In this case, we acquire media channels & time and we directly book guests from our ecosystem that have a story to tell
Last year, we led all crypto networks in total impressions and engagement on X & LinkedIn. Again, I would guess it wasn't really that close.
If you’re building on Solana, our firehose is yours to use.
Solana is not only the best place to build, it’s the best place to win customers and build a giant business. No network has produced more multi-billion $ companies with real, sustainable businesses and moats.
If we don’t know you yet and you’re here, we would love to hear from you and see how we can help. That’s quite literally our job.
Don't believe everything you read on X 🫡
Taylor has already onboarded some of the best founders to the @Solana ecosystem.
Excited to welcome him formally to the @SolanaFndn where he will continue that work and build new primitives to accelerate the best consumer projects
His (and my) DMs are open. Accelerate.
Since early Feb, I've been leading product for the @SolanaFndn.
Solana Foundation Product is a brand new team of world-class engineers and PMs that are building full stack, first party experiences & APIs for Solana.
Our primary user is a large enterprise or fintech, but we're also shipping new experiences for everyday users.
Everything we build is AI-ready, designed for LLMs and agents to consume and use.
We've already launched a few products in stealth or beta and excited to share more about those in March.
The product team is hiring 👇
live txns in the bg, the ability to send your own with a click of a button... oh, and a comprehensive overview of why companies all around the world trust Solana for payments
@harkl_ & co cooked on this one: https://t.co/JO2QOx10av
Solana started out with a culture of chewing glass - always for just one more quarter
When the sky falls, we get excited.
We love being underestimated and underrated.
That’s where we came from and it will always be in our DNA. The only way out and up is to build.
With L2s scaling down, all ecosystems recentering on money stuff - this is what Solana was built for. “Nasdaq at the speed of light.”
A network for all assets, all apps, all 5.5B users of the internet.
We have incredible talent and capital in our community and will use this bear market to further concentrate talent and capital in the Solana economy.