Mercurity Announces $200 million Solana Treasury Plan with Solana Ventures

- Mercurity Fintech Holding partners with Solana Ventures to launch a $200 million Solana treasury initiative. - The effort targets SOL token acquisition, staking, and involvement in DeFi protocols. On July 21, 2025, Mercurity Fintech Holding (MFH) announced a $200 million partnership with Solana Ventures to strengthen the Solana ecosystem by establishing a specialized treasury centered on its native token, SOL. According to reports on that day from GlobeNewswire, Financial IT, and CoinGape, the initiative involves several key activities. Mercurity will acquire SOL tokens, operate validator nodes, stake its holdings, and leverage decentralized finance (DeFi) opportunities on the Solana blockchain. The company also plans to invest in Solana-based projects and will prioritize those focused on tokenized real-world assets to deepen its on-chain integration. This strategic move marks a significant milestone for Mercurity Fintech as it diversifies its treasury management, following the company’s earlier announcement of an $800 million treasury reserve in Bitcoin. Mercurity highlights that SOL and BTC serve complementary purposes. Wilfred Daye, Chief Strategy Officer at Mercurity, expanded on this distinction, explaining that the company views Bitcoin as digital gold, while Solana provides utility by generating staking yields and fostering ecosystem involvement. Daye clarified that the Solana initiative is an addition to the firm’s Bitcoin reserve strategy, not a replacement. The partnership with Solana Ventures underscores Mercurity Fintech’s ambition to evolve as the company transitions from a fintech infrastructure provider into a prominent institutional participant within the Solana ecosystem. This collaboration also highlights a broader industry trend of companies diversifying their treasuries with cryptocurrency assets. According to the latest market data, as of 19:08 UTC on July 21, Solana (SOL) was trading at $194.49, marking a 6.57% rise in its 24-hour trading volume.