Kanye West’s “Yeezy Money” Crypto Launches on Solana, Sparks Skepticism
U.S. hip-hop artist Ye – still widely known as Kanye West – has unexpectedly entered the cryptocurrency space with a Solana-based token called Yeezy Money (YZY), according to The Block.
West announced the project Wednesday through his X account, posting the coin’s contract address and linking to a site where YZY can be bought, sold, or transferred. Early trading data from GMGN.Ai suggests the token has already reached a market capitalization of about $2 billion.
The official website describes YZY Money as a decentralized initiative intended to “put users in control” and free them from centralized systems. Alongside the token, the site outlines plans for a YZY ecosystem that includes Ye Pay, a payment processor for…
