Jul 10, 2026 · 23 min · 18 segments
**Is Ethereum moving too slow?** On today's Markets Outlook, StarkWare CEO Eli Ben-Sasson tells CoinDesk's Jennifer Sanasie why he believes Ethereum's ambitious roadmap must move faster—or risk…
Eli Ben-SassonGuest
Jennifer SanasieHost
This is Brand New Rails, our weekly look at the biggest trends, opportunities, and developments in tokenization.

RealFi is different, a smarter stable coin backed by real world assets like US Treasuries, money market funds, and private credit.

They saw a record trading activity in June as investors rushed into blockchain-based versions of SpaceX following the company's blockbuster IPO.

According to CoinDesk data's latest stable coins and tokenization assets report, on-chain trading volume jumped 145% from May to $3.86 billion.

Backpack Securities SPCX token led the way, generating $1.08 billion in on-chain trading volume.
It was way more successful than I think we could have dreamed of.
I think all of the credit goes to not just our team, but the entire Solana DeFi ecosystem.
We built our tokenized stock offering for the assets to be able to freely move between traditional finance and between Solana DeFi really at the speed of a token.
So as this inventory builds up, as liquidity gets better and better, we're gonna go symbol by symbol to build really a global capital market for securities on chain and natively in the brokerage itself.
And so as this grows, uh, you know, liquidity will continue to come in, and you really kind of are gonna have this global marketplace where you have access to securities 24/7, because really, that's what blockchains are all about.

We'll see you next week to continue exploring how blockchain technology is reshaping capital markets, liquidity, and investment opportunities.

This is Brand New Rails, our weekly look at the biggest trends, opportunities, and developments in tokenization.

RealFi is different, a smarter stable coin backed by real world assets like US Treasuries, money market funds, and private credit.

They saw a record trading activity in June as investors rushed into blockchain-based versions of SpaceX following the company's blockbuster IPO.

According to CoinDesk data's latest stable coins and tokenization assets report, on-chain trading volume jumped 145% from May to $3.86 billion.

Backpack Securities SPCX token led the way, generating $1.08 billion in on-chain trading volume.
It was way more successful than I think we could have dreamed of.
I think all of the credit goes to not just our team, but the entire Solana DeFi ecosystem.
We built our tokenized stock offering for the assets to be able to freely move between traditional finance and between Solana DeFi really at the speed of a token.
So as this inventory builds up, as liquidity gets better and better, we're gonna go symbol by symbol to build really a global capital market for securities on chain and natively in the brokerage itself.
And so as this grows, uh, you know, liquidity will continue to come in, and you really kind of are gonna have this global marketplace where you have access to securities 24/7, because really, that's what blockchains are all about.

We'll see you next week to continue exploring how blockchain technology is reshaping capital markets, liquidity, and investment opportunities.
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