Step Finance Acquires Moose Capital To Tokenize Major Stocks On Solana

According to Odaily, DeFi platform Step Finance has announced the acquisition of early-stage startup Moose Capital, a company specializing in the tokenization of traditional stocks. This strategic move positions Step Finance to become the first entity to introduce tokenized trading of major stocks like Nvidia and Tesla within the Solana ecosystem. Step Finance aims to serve as a comprehensive portfolio management tool and analytics hub for Solana users. The platform's expansion into stock tokenization is expected to enhance its offerings, providing users with innovative investment opportunities. By integrating traditional financial assets into the blockchain space, Step Finance seeks to bridge the gap between conventional and decentralized finance, offering a seamless experience for investors. In addition to its core functionalities, Step Finance also operates SolanaFloor, a media company focused on the NFT market, and Solana Allstars, a global event initiative active in over 50 cities. These ventures highlight Step Finance's commitment to fostering a vibrant ecosystem around Solana, supporting both digital asset management and community engagement. The acquisition of Moose Capital is a significant step in expanding its capabilities and influence within the blockchain industry.