US is now getting desperate to push for the USDT and the USDC being moved into other countries trying to replace their currencies. So they are taking over crypto narrative. And now that they are doing this they want foreign investments inside the USA with the crypto focused stocks. And those stocks are being launched on the blockchain. This way more funds would come to the US banks.
This is done by the BackPack for the Solana blockchain. This is a 24x7 stock market that is launched on the Solana.
This is a start of the markets on the blockchain. I am sure this would also hurt the regular markets and the securities if more stocks move to the blockchain. I think the KYC and the international markets are going to get a bit difficult there. Some of the time that would mean it would be not that easy to get the most out of the blockchain markets there. That's what would be interesting to see how it would be for the metas like silver and gold too.
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