‘Solana Is the New Wall Street,’ Bitwise CIO Matt Hougan Explains

Solana’s role in the race to capture tokenized markets won new attention this week when Bitwise CIO Matthew Hougan called it “the new Wall Street.”

Speaking with Solana Labs’ Akshay Rajan on Oct. 2, Hougan said global financial leaders increasingly recognize the disruptive potential of stablecoins and tokenization.

He noted that the heads of the SEC and Bank of England, along with BlackRock’s CEO, have all signaled that digital assets could reshape payments and securities markets. Hougan added that this narrative resonates strongly with investors who understand the scale of change such technologies could bring.

Hougan said that once audiences begin to consider how to gain exposure to blockchain, comparisons between platforms inevitably follow. In that evaluation, he argued, Solana’s com