Solana co-founder Anatoly Yakovenko wants a giant route on Jupiter, the network’s main trade router, to push tokenized shares such as Nvidia into tokenized SpaceX by hopping through Fartcoin.
That route, he argues, would set the reference price for every broker in the United States. He posted the scenario on X on Wednesday.
Why Fartcoin Sits in the Middle of the Trade
The idea revives a pitch Yakovenko first made in April 2023. Back then, he asked for more wrapped assets on Solana so Jupiter could route trades for everyone.
Jupiter aggregates liquidity across dozens of Solana venues and splits one order into several paths. A single trade can touch several pools before it settles.
Meme coin pools often hold the deepest liquidity on the network. Therefore, a router may send part of a stock trade through Fartcoin (FARTCOIN) if that path costs the trader less.
An aggregator picks the cheapest route, not the most respectable one. That indifference sits at the heart of the joke.
The punchline lands on the National Best Bid and Offer (NBBO), the best price across US exchanges that brokers must respect under SEC rule 611. Yakovenko imagines a joke token quietly feeding that benchmark.
Tokenized Stocks Already Trade on Solana
The setup sits closer to reality than it sounds. Grayscale recently named Solana among the chains leading tokenized stocks, with weekly volume near $3 billion.
SPCX points to tokenized SpaceX exposure. Ondo added that token as collateral for leveraged trades in August. Meanwhile, Jupiter already lists tokenized equities beside its meme coin markets.
FARTCOIN trades near $0.17 with a market cap of around $167 million. The token has gained roughly 44% in 90 days, yet it sits 93% below its January 2025 peak.
Deep meme coin liquidity cuts both ways. Onchain analysts flagged a coordinated Fartcoin manipulation attempt in April that cost a Hyperliquid vault $1.5 million.
Yakovenko has spent the week needling rivals, including Robinhood Chain, over fees. However, his latest post reads less like a roadmap and more like a dare aimed at Wall Street.
Bitrue