Solflare, one of the main Sol wallets, is further improving its portfolio with the addition of Stocks.
Solflare is clearly trying to create an ecosystem, and after launching a crypto debit card (fed by USDC on Solana), it just launched Stocks.
The idea is simple, you can basically use it like a trading platform to buy and sell stocks, but you can do it in-app, without KYC.
Unlike the debit card, which is (for now) only available to pre-order (it's supposed to be launched in the summer), Stocks is already available.
These two crypto companies are creating ecosystems
Solana Labs and Mysten Labs (SUI) are trying to create ecosystems, which is interesting.
The idea is to give people more to talk about, more to do, more tools to use, other than just crypto.
The goal, in my view, is also to make crypto more palatable.
Software is nice, but people don't like software. They don't get it. They don't understand it. It's boring.
And I personally agree with that view.
Hardware makes it more interesting, with Solana Seeker (phone) and SuiPlay 01X (gaming device).
And it's interesting because Stocks is also a bit of marketing tool.