Head of BD @sunrise | @wormhole_labs
Sweden
Joined May 2023
- Tweets152
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Simon 🌅 retweeted
October was a big month for Sunrise.
By the numbers:
· $3B+ total monthly trading volume
· $2B+ in tokenized stock volume, making Sunrise and @Backpack listings the most traded tokenized stocks on Solana
· 500K+ tokenized stock holders, 2x growth in a month
· $370M+ traded in a single day, a new all-time high
· $2B+ cumulative volume for $SPCX, making it the most traded tokenized stock on Solana in October
New markets:
· The Magnificent 7: $AAPL $AMZN $GOOGL $META $MSFT $NVDA $TSLA
· AI and chips: $TSM $AVGO $CBRS
· Consumer brands: $ABNB $CAKE $CHWY $CMG $RACE
· Finance: $ICE $BLK
· Defense: $PUSA
· ETFs: $EWZ $UVXY
· Digital assets: $ASTER $NEAR $ONDO $SHIB $VVV $WLD $XPL $ZEC $RIOT
Partnerships:
· @kamino: Sunrise listings can now be used as collateral on Kamino markets.
· @near_intents: Sunrise is establishing liquid markets for NEAR Intents assets on Solana, starting with $NEAR and $ZEC.
· @machinedotfun: Tokenized stocks powered by Sunrise are now trading pairs on Machine.fun, the robotics launchpad backed by @peaq and @codecopenflow.
· @ArcherExchange_: Archer V2 brings orderbook trading to Sunrise assets, with professional market makers building liquid markets around them.
Tokenization is inevitable.
Simon 🌅 retweeted
hot take:
@sunrise is the best thing that happened to Solana in the past 1 year
Simon 🌅 retweeted
Not only can you trade solana:FWDtiB5fXHdVAewPqvHPL2dh4aBC1C6GacQbePoQXKjz on Solana on @sunrise , it is redeemable 1:1 for @FWDind shares that are transferable to traditional brokerages.
solana:FWDtiB5fXHdVAewPqvHPL2dh4aBC1C6GacQbePoQXKjz and hundreds of other markets are both tradable and redeemable today, on @Solana.
Simon 🌅 retweeted
For crypto founders, the biggest lesson from @fomo and @Pumpfun ascendance is that the distribution model of the last 5 years for apps is moot.
Web3 is dead, wallet connect is dead, dApps are dead.
The new plan is vertically integrated mobile: hide the crypto mechanics entirely. Single balance across chains, integrated onramp (Apple Pay is king), no bridges, no seed phrases or private keys (sign in with Google or X).
For wallet apps themselves, this presents an existential crisis. The user demands simplicity & the feeling of safety. In the past, your wallet was a gateway to crypto. Now, I hold a deposit in each app I use and I don't yet care if they talk to each other.
As always, we go through bundling and unbundling cycles. If Phantom and Jupiter and Metamask were bundling, we are now seeing a great unbundling.
Simon 🌅 retweeted
@commonsmade vouch for @AlasdGem who is crushing marketing on tokenized equities listings
Simon 🌅 retweeted
This week, Sunrise listings crossed $7B+ in total trading volume.
8 months and 38 assets later, @sunrise has become arguably the most important protocol to launch on solana within the last year.
every day more tradfi users come to solana because of the access it brings to markets.
at this pace, @solana is on the way to being the #1 place for users to trade any asset they want on the internet.
Simon 🌅 retweeted
fun fact - SLX (@solsticefi) 24H trading volume on Solana has 7x'ed since their @sunrise listing yesterday
Simon 🌅 retweeted
You could literally just fly to Stockholm and grab a fika with a group manager at Indutrade, close your first acquisition over meatballs with a 68 year old founder in Malmö, then spend your summers in a red cottage on the archipelago with a Swedish girl who reads Strindberg, ski weekends in Åre, build your own acquisition vehicle, compound at 20% for 40 years, and take it public on Nasdaq Stockholm loaded with $200m in permanent capital.
- but you will not.
Simon 🌅 retweeted
Honestly ... @sunrise is the catalyst for Solana this coming cycle
Calling it now
Perps are important, Predictions are important
Spot is paramount to Solana's success
Sunrise makes that possible 🌅
It's hard to overstate how incredible of a partner @sunrise has been to bring this to life. Without them, this launch couldn't have happened.
Hands down, one of the most important teams in DeFi, today.
With the debut of $SPCX behind us, we look forward to many more Sunrise launches to come, bringing to life the dream of internet capital markets on @solana.
🌅🌅🌅