Is big money choosing Solana?

Kyle Samani, co-founder of Forward, breaks down his latest deal on the main stage at Solana, a minority stake in Henri, a reinsurance RWA yielding 12-13%, funded by a Galaxy debt facility at 3.5%. He makes the case for why Solana has quietly become the dominant chain for institutional payments, tokenized equities, and real world assets. From Western Union and Visa to Meta and PayPal, the biggest names in finance are all building on the same rails. Plus, why he thinks most altcoins are bleeding out, Ethereum L2s are in trouble, and why this bear market might be the best investing opportunity in crypto right now.

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Timecodes:

00:00 - Kyle Samani at Consensus Miami 2026

02:08 - Bear Markets Are Where Winners Are Born

03:30 - Why Solana Is Winning Payments and RWAs

06:00 - DTCC's Tokenized Equities Pilot and SEC's Project Crypto

08:48 - Building a Market Maker With Claude Code

10:00 - Agentic Payments and the x402 Protocol

13:46 - Why Institutions Pick Public Chains Over Walled Gardens

15:43 - Why Solana: Gas, On-Ramps, Neutrality

17:21 - Are Ethereum L2s in Trouble?

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