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Solana Labs’ Leap Opens iPhone Beta for Tokenized Stocks and Crypto

Solana Labs has opened an iPhone beta for Leap, an app that supports tokenized stocks and crypto trading, with trades routed through Jupiter. Tokenized securities on the platform are unavailable to US persons and users in several other major markets.

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AI take

The geographic carve-out is the real story here: tokenized equities are being shipped to a global audience while the largest capital market is deliberately excluded, which says more about regulatory caution than product ambition. Routing through Jupiter keeps execution within Solana's existing DeFi stack, so Leap is less a new venue than a consumer-facing front end on infrastructure that already exists. Whether tokenized stocks can gain traction outside the US — and whether the excluded-markets list narrows — is the open question worth watching.

Generated by AI for reference only.

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