Mercurity Fintech (MFH) has secured a $200 million equity line from Solana Ventures to launch a comprehensive solana-based treasury initiative.
Solana Ventures Backs Mercurity With $200 Million for SOL-Based Treasury
Mercurity Fintech Holding Inc. (Nasdaq: MFH) has announced a strategic $200 million equity line of credit from Solana Ventures Ltd., marking a major step in its transition from fintech infrastructure provider to an active institutional player in the Solana blockchain ecosystem.
Under this agreement, MFH will use the funds to accumulate SOL tokens, operate validator nodes, engage in staking, and participate in decentralized finance protocols across the Solana network.
“ Solana is emerging as a high-performance layer for tokenized assets, real-time payments, and institutional-grade defi. MFH is evolving beyond fintech infrastructure to engage directly in the value creation and utility of decentralized networks,” said Wilfred Daye, Chief Strategy Officer of MFH.
The strategy reflects a growing trend of traditional finance firms leveraging high-performance blockchain networks like Solana for on-chain treasury operations and yield generation.
Mercurity’s broader mission is to bridge traditional finance and web3 through digital asset management and capital markets services, now with a sharpened focus on Solana-native infrastructure.
Source: Bitcoin
