📊 According to The Block, the publicly traded company Mercurity Fintech Holding has signed a $200 million equity credit protocol with Solana Ventures to promote its Solana fund strategy. Mercurity plans to accumulate a large number of Solana (SOL) tokens through this agreement and generate revenue through staking, node validation, and Solana's DeFi protocols, while investing in Solana-based projects, including tokenized assets and real asset platforms. The company's strategic director, Wilfred Daye, stated that this Solana strategy is a new plan and does not replace the previously established $800 million Bitcoin reserve plan, with both having different fund management and revenue characteristics respectively.
