Morgan Stanley and Other Institutions Increase Solana Exposure as RWA Tokenization Surges
- Morgan Stanley holds 932,922 shares valued at $15.30 million in the Bitwise Solana Staking ETF (BSOL).
- The firm also purchased 86,105 shares of NASDAQ-listed Solana Co.
- Goldman Sachs disclosed SOL holdings of nearly $108 million via ETFs.
- Solana’s real-world asset (RWA) tokenized value reached an all-time high (ATH) of $1.66 billion.
- SOL price fell over the past day, trading at $85.35 with a low of $84.58 and high of $90.36.
The increase in institutional holdings reflects a growing confidence in regulated crypto products and the potential of Solana for tokenizing traditional assets like stocks and treasuries.
With Solana’s RWA ecosystem hitting a new ATH of $1.66 billion, major players are clearly investing heavily in this blockchain technology.(Source)