51 Insights

51 Insights

CEO Notes

Citi just picked Solana over Ethereum

Marc Baumann's avatar
Sangam Bharti's avatar
Marc Baumann and Sangam Bharti
Feb 17, 2026
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Wall Street spent a decade and billions of dollars building private blockchains. Then it figured out they were just slow databases. JPMorgan built one. So did dozens of others. The logic seemed sound: public networks are too risky, too open. We need our own.

That story is over. JPMorgan put its digital dollar on Base. BlackRock went straight to Ethereum.…

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