- Solana-based entities Orca and Loopscale have merged to form 'Formation', aiming to finance capital-intensive sectors like AI, robotics, and defense.
- Formation plans to combine trading infrastructure with lending vaults to provide a comprehensive route from asset issuance to financing and trading, targeting regulated U.S. capital markets.
- The new entity seeks to address the gap between rapidly evolving business models and traditional market infrastructure, offering lower costs and broader market access.
Topics: Asset types, Infrastructure providers, Scalability, Alternative assets, Tokenization platforms, Institutional capital inflows
Tags: #formation #orca #loopscale #solana #ai #robotics #defense #capitalmarkets #tokenization #lending