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@solana Post Says Most Traditional Assets Could Move On-Chain Within Five to 10 Years

Solana Foundation's Nick Ducoff described the next decade as a possible “token supercycle”; Anchorpoint was assessing HKDAP support on Solana as of Oct. 30.

Updated 1 min read
Pedestrians cross Exchange Square in Hong Kong’s Central district beneath financial towers. / TokenPost.ai
Pedestrians cross Exchange Square in Hong Kong’s Central district beneath financial towers. / TokenPost.ai

A post from @solana said most traditional financial assets could shift onto blockchain networks within five to 10 years, linking the possibility to tokenization. The post offered a long-range outlook, not a fixed timetable.

Nick Ducoff, head of institutional growth at Solana Foundation, also described the coming decade as a possible “token supercycle,” with money, assets and ownership increasingly recorded online.

A separate proposal points to one possible use of the network. Anchorpoint Financial Limited said Oct. 30 that it was assessing direct issuance and redemption of HKD At Par (HKDAP) on Solana for payments and trading in tokenized assets. At the time, the company had not set a deployment date, EconoTimes reported in its coverage of the proposal.

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