Solana co-founder Anatoly Yakovenko suggests a Jupiter trade route through Fartcoin for tokenized Nvidia stocks to set NBBO prices.
Anatoly Yakovenko, a co-founder of Solana, envisions a large trading route on Jupiter, the network's primary aggregator, that would take tokenized shares such as those of Nvidia into tokenized SpaceX by passing through Fartcoin.
According to Yakovenko, such a path would establish the benchmark price for all U.S. brokers. He shared the idea on X on Wednesday.
This concept echoes a proposal Yakovenko put forward in April 2023. At that time, he called for additional wrapped assets on Solana to allow Jupiter to direct trades for all users.
Jupiter pools liquidity from numerous Solana platforms and divides a single order into multiple legs. One transaction can pass through various pools before finalizing.
Meme token pools frequently contain the most substantial liquidity on Solana. As a result, a router might channel a portion of a stock trade through Fartcoin (FARTCOIN) if that route offers lower costs.
A trade aggregator selects the least expensive path, not the most reputable one. This lack of discrimination is central to the humor.
The punchline targets the National Best Bid and Offer (NBBO), the optimal price across U.S. exchanges that brokers are required to follow under SEC rule 611. Yakovenko envisions a humorous token subtly influencing that standard.
I can’t wait to see a giant Jupiter route for NVDA to SPCX going through fartcoin setting the NBBO price for all USA brokers https://t.co/2l28djiH8o
— toly 🇺🇸 (@toly) September 9, 2026
This scenario is more realistic than it might appear. Grayscale recently highlighted Solana as one of the blockchains at the forefront of tokenized stocks, reporting weekly volume around $3 billion.
SPCX represents tokenized exposure to SpaceX. Ondo introduced that token as collateral for leveraged trading in August. Jupiter, meanwhile, already features tokenized equities alongside its meme coin listings.
FARTCOIN is priced at approximately $0.17, with a market capitalization of about $167 million. The token has risen nearly 44% over the past three months, but remains 93% below its January 2025 high.
The depth of meme coin liquidity has drawbacks. Onchain analysts identified a concerted attempt to manipulate Fartcoin in April, which caused a Hyperliquid vault to lose $1.5 million.
Throughout the week, Yakovenko has been criticizing competitors such as Robinhood Chain regarding fees. Yet his most recent post appears less as a plan and more as a challenge directed at Wall Street.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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