Future Of ‘Digital Credit’

He emphasized the programmability of digital credit, explaining that it could be transformed into various forms such as tokens, private funds, exchange-traded funds and so on.

Digital Credit On Blockchains, Exchanges?

The very idea of launching a “digital credit” instrument on Solana excited the SOL community. Solana’s official X account amplified Saylor’s clip from the event.

Note that Saylor still frames Bitcoin and Strategy’s preferred equity, STRC, as the foundation layer on which these instruments could be created.

Institutional Acceptance Beyond Bitcoin

Saylor’s views on cryptocurrencies other than Bitcoin has evolved significantly. In May 2024, he declared that no other token would achieve institutional acceptance this decade.

“None of them will ever be wrapped by a spot ETF. None of them will be accepted by Wall Street. None of them will be accepted by mainstream institutional investors as crypto assets,” Saylor made a sweeping statement.

Needless to say, his prophecy proved remarkably wrong, as many more ETFs followed Bitcoin’s into the market.

Less than a year ago, he likened Bitcoin to steel, while comparing Ethereum and Solana to balsa wood and clay bricks. His core argument was that leveraging tokens other than Bitcoin could lead to a "catastrophe."

Price Action: At the time of writing, SOL was exchanging hands at $87.76, up 6.25% over the last 24 hours, according to data from Benzinga Pro.

MSTR shares fell 0.91% in pre-market trading on Thursday after closing 8.86% higher at $135.65 during Wednesday’s regular trading session.

The stock shows weak price momentum across the short-, medium-, and long-term, earning a very low Momentum score in Benzinga’s Edge Stock Rankings.

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

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