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![solana Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::951329744804392960.png) Solana [@solana](/creator/twitter/solana) on x 3.5M followers
Created: 2025-07-15 05:47:10 UTC

What about the cost of capital?

Trad IPOs cost businesses millions in bank underwriting fees:
- Circle: $56M, XXX% of raise
- Alibaba: $300M, XXX% of raise
- U.S. IPOs range from 3-7% of raise in fees (source: Dr. Jay Ritter)

Solana has minimal transaction & issuance fees.

![](https://pbs.twimg.com/media/Gv4EU_Ba4AEXvLM.png)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944997145263645039/c:line.svg)

**Related Topics**
[$300m](/topic/$300m)
[$9988hk](/topic/$9988hk)
[alibaba](/topic/alibaba)
[$56m](/topic/$56m)
[mergers and acquisitions](/topic/mergers-and-acquisitions)
[ipos](/topic/ipos)
[solana](/topic/solana)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/solana/status/1944997145263645039)