One token, a column of real stocks. Onchain strategy baskets built from xStocks on Solana.
Solana
Joined April 2024
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Basalt is submitted to the @Colosseum hackathon! 🟨
While we wait for the results, give it a try. Build a basket, share your thesis, and tell me what you think.
basalt.markets
🤖 Made with AI
Find a stock basket you believe in, or create your own.
Your picks. Your weights. Your Basalt.
basalt.markets
Basalt retweeted
This weeks most gained stock basket on @basalt_sol.
Main Character.
Cars, chips, data and the crypto economy.
basalt.markets/b/haN-p4KBArA…
Checkout more at @basalt_sol
Anyone should be able to turn a market thesis into a basket others can follow.
That’s what we’re building at Basalt. More to show soon.
I guess our users will create better stock baskets than some turkish fund managers.
Bet on yourself, become a fund manager.
Coming soon.
TURKEY’S FUND CRISIS TOOK A MUCH MORE SERIOUS TURN.
Authorities have now ordered 130 investment funds run by seven asset managers to be shut down.
The funds covered by the wider action hold around $21.4 billion, involving roughly 353,000 investors.
And now the crisis has turned into a legal crackdown.
A senior manager at Tera Portföy has been detained in a separate investigation into suspected stock manipulation.
Regulators also referred 38 people to prosecutors and banned them from trading for two years.
One stock at the center of the investigation, Destek Finans, is still up more than 300% this year, despite falling sharply from its July peak.
Turkey is now taking emergency steps to stabilize markets, including temporarily cutting margin requirements from 35% to 20%.
130 funds being closed.
$21.4 billion involved.
353,000 investors affected.
Executives under investigation.
This is no longer just market stress. Turkey is now trying to stop a much bigger loss of confidence.
First grant: secured
Top-10 of 38 in @SuperteamDE Road to Colosseum Ideathon
Next: Stocklana, Sep 18
