chamath palihapitiya solana

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Who is Chamath Palihapitiya?

Chamath Palihapitiya,founder and CEO of Social Capital. Chamath Palihapitiya said blockchain platform solana will be part of a swarm of activity that disrupts the global payments business. Visa and Mastercard are doing "the single dumbest thing" by raising credit-card fees, he said Saturday.

Will blockchain platform Solana shake up Global Payments?

Chamath Palihapitiya believes blockchain platform solana will play a role in shaking up global transactions that are mostly dominated by giant payments companies. In a weekend episode of the "All-In Podcast ," the billionaire investor spoke about activity in the payments sector in the last three months.

Is Palihapitiya a SPAC investor?

He is a proponent of SPACs - a kind of investment vehicle that allows private companies to go public with less scrutiny from the SEC. Palihapitiya is a sponsor and investor in half a dozen SPACs. Companies they have merged with include Virgin Galactic and Clover Health.

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