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Key Takeaways:
- Mercurity Fintech secures $200M from Solana Ventures to build a strategic Solana treasury.
- MFH will engage in staking, validator operations, DeFi, and tokenized finance on the Solana blockchain.
- Solana’s price and institutional support continue to rise amid bullish momentum and new treasury initiatives.
Nasdaq-listed Mercurity Fintech Holding (MFH) has announced a major leap into the crypto space with the launch of a Solana-focused treasury strategy backed by a $200 million equity line of credit from Solana Ventures. This strategic move positions MFH among a growing list of institutional players betting on Solana’s future as a high-performance blockchain for decentralized finance and tokenized assets.
MFH to Generate Yield via Staking, Validators, and Tokenized Finance
According to the company’s press release, MFH will use the credit facility to accumulate SOL tokens and deploy them across multiple yield-generating strategies. These include staking, validator operations, and participation in DeFi protocols built on the Solana network.
In addition, MFH plans to invest in real-world asset (RWA) projects and tokenized financial products native to Solana, further embedding itself into the ecosystem. MFH now joins the ranks of firms like DeFi Development, which recently became the largest publicly listed Solana holder.
Solana’s Speed and Cost Efficiency Draw Institutional Capital
Wilfred Daye, Chief Strategy Officer at MFH, cited Solana’s fast transaction speeds, low fees, and regulatory traction as the core reasons behind the company’s pivot. He emphasized the blockchain’s growing relevance in real-time payments, tokenization, and decentralized infrastructure.
Although MFH has not provided a detailed timeline, it confirmed that the $200 million will be deployed incrementally to build long-term positions and reduce market impact.
Solana Price and MFH Stock React to News
The announcement sparked movement in both the SOL token and MFH stock. Solana surged 5.46% in the last 24 hours to $191.70, pushing its market cap above $100 billion. Meanwhile, MFH shares rose over 2%, trading near $5, with a monthly gain of 35%.
The spike in trading activity shows strong investor confidence in MFH’s strategy and broader bullish sentiment for Solana, which continues to attract institutional flows.
Mercurity’s move comes shortly after ReserveOne unveiled a $1 billion SPAC crypto treasury, including Solana and Bitcoin, backed by firms like Kraken and Blockchain.com. Additionally, Sol Strategies, another Solana treasury firm, recently filed for a Nasdaq listing under the ticker STKE, further highlighting Solana’s growing foothold in institutional crypto.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
Also Read: Solana vs Ethereum: SOL Breaks Key Resistance, Eyes $200 Breakout Amid ETH Cooling
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