Solana Ventures Launches $200 Million Strategic Investment in Mercurity Fintech to Initiate Digital Asset Treasury Program
According to ChainCatcher, as reported by businessinsider, digital fintech group Mercurity Fintech Holding Inc. (NASDAQ: MFH) announced today that it has entered into a $200 million equity credit agreement with Solana Ventures Ltd. to launch a digital asset treasury strategy based on the Solana blockchain. MFH’s Solana strategy will focus on three main areas:
- Establishing a high-value digital asset reserve centered on SOL tokens
- Generating long-term returns through staking, validator nodes, and Solana decentralized finance (DeFi) protocols
- Investing in Solana ecosystem projects such as real-world assets (RWA) and tokenized financial products
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Listed company Lion Group plans to gradually swap its existing SOL and SUI holdings for HYPE.
CoinShares: Digital asset investment products saw $352 million in outflows last week
Michael Saylor: Confident that MSTR will be included in the S&P 500 Index
Jia Yueting: C10 Treasury Chooses BNB as Its Largest Crypto Asset
Trending news
MoreCrypto prices
More
