According to BlockBeats news on July 21, as reported by businessinsider, the digital fintech group Mercurity Fintech Holding Inc. (NASDAQ: MFH) today announced a $200 million equity credit agreement with Solana Ventures Ltd. to launch a digital asset treasury strategy based on the Solana blockchain. It is reported that MFH's Solana strategy focuses on three main directions:
· Establish a high-value digital asset reserve centered around the SOL token
· Acquire long-term returns through staking, validating nodes, and Solana decentralized finance (DeFi) protocols
· Invest in real-world assets (RWA) and tokenized financial products and other Solana ecosystem projects