Solana co-founder Anatoly Yakovenko amplified a tokenized dinosaur skull sale on Wednesday, posting three dinosaur emojis as the $660,000 raise entered its final hours.
Jurassic Finance wants to move Deaton, a Triceratops prorsus skull, onto Solana as one million tradable tokens. The raise had covered 61% of its target early Wednesday.
Tokenized Dinosaur Skull Sale Passes $400,000
Contributors had committed $406,667 in USDC by Wednesday morning, the project’s dashboard showed. Roughly 13 hours remained on the clock.
The split is simple. Jurassic Finance will spend $600,000 acquiring the fossil, while $60,000 lands in its labs treasury. Each TRCH1 token costs about $0.69 and carries one-millionth of Deaton.
Ownership runs through a special purpose vehicle. Holders get economic rights to the fossil rather than direct title to the bone, the team says.
However, the offer runs on an all-or-nothing basis. Contributors get a full refund if the target falls short, and the project will not accept oversubscription.
That structure matters, because tokenized assets still face unresolved questions over what holders actually own.
A 66-Million-Year-Old Fossil With a Fresh Price Comp
Excavators pulled Deaton from the Hell Creek Formation in Slope County, North Dakota, in 1999. Preparation only finished last year.
All three original horns survive. The specimen is 60% to 65% complete by bone mass, which puts it in museum-grade territory.
Jurassic Finance leans on a recent auction result. Sofia, a comparable sub-adult Triceratops skull, fetched $840,000 on July 1 against a $600,000 to $800,000 estimate.
The team plans to place Deaton on long-term museum loan rather than in storage.
“Museums fund all operational overhead in exchange for display rights.”
Jurassic Finance
Meanwhile, Solana keeps drawing unusual collectibles, from a tokenized One Piece manga to equities. The project first outlined its fossil plan in July.
The timing is awkward, though. SOL traded near $97 on Wednesday, down about 4% over 24 hours.
Whether buyers cover the remaining $253,000 before the clock runs out will test how far RWA appetite now stretches beyond stocks and bonds.
Bitrue