PANews July 21 news, according to The Block, Nasdaq-listed company Mercurity Fintech Holding has signed a $200 million equity credit agreement with Solana Ventures to promote its Solana funding strategy. Mercurity plans to accumulate a large amount of Solana (SOL) tokens through this agreement and earn returns by staking, validating nodes, and utilizing Solana DeFi protocols, while also investing in Solana-based projects, including tokenized assets and real asset platforms. The company's Chief Strategy Officer Wilfred Daye stated that this Solana strategy is an additional plan and does not replace the previous $800 million Bitcoin reserve plan, as both have different funding management and return characteristics.
