“Launching crypto’s largest tokenized fund on Solana” — Sonnenshein joined Lightspeed to talk about Securitize’s work with BlackRock and what BUIDL’s launch on Solana last month unlocks for the RWA ecosystem. Let’s break it down, starting with Michael’s career journey 🧵⬇️

Why Solana? 💡 Securitize is blockchain-agnostic, but the launch of BUIDL and ACRED on @solana opens up distribution for institutional investors who want yield and composability on their chain of choice.

🔓BUIDL isn’t a retail product. But tokenization is still unlocking access. Michael: “We're creating a new channel of distribution… opening up opportunities that used to be limited to private banks and insiders.”

Private credit is quietly leading the tokenization wave. Tokenized treasuries are growing fast, but the @apolloglobal and @hamilton_lane products on-chain show why credit is gaining ground.

BUIDL and other RWAs aren’t just sitting idle—they’re now integrated with DeFi. @Sonnenshein explains how tokenized funds can be vaulted and used to mint tracking assets, unlocking yield opportunities while retaining daily payouts. 🔥

What do TradFi firms really think about @Solana? “Excitement.” That’s the word from Michael. He says big firms see Solana as performant, scalable, and already deeply integrated with an engaged crypto-native user base.

Should we tokenize everything? Not yet. “Liquid assets with frequent pricing are ideal,” says @Sonnenshein. “Tokenized real estate? Not so much—at least for now.” 🎧 Full episode:

This one's for the Crypto Whales ⬇️ NEW exclusive & luxurious experiences have been added to Apply today & #TravelUnlikeAnyOther with your favorite cryptocurrency.

@solana @Sonnenshein @Lightspeedpodhq @BlackRock Real builders build on SOL

@solana @Sonnenshein @Lightspeedpodhq @BlackRock “Solana ecosystem is big and wide enough to accommodate all” 👌

@Sonnenshein @Lightspeedpodhq @BlackRock @solana 👏