๐จ Mercurity Fintech Secures $200M to Launch Solana Treasury Strategy โ SOL Price Jumps 5%+
๐ Mercurity Fintech Holding Inc. (NASDAQ: MFH) has just secured a $200 million equity line of credit from Solana Ventures to roll out a Solana-based treasury strategy โ a bold move thatโs sending strong signals to both institutional and crypto markets.
๐ As a Nasdaq-listed firm, MFHโs strategic alignment with Solana places it among a growing list of institutional players betting on the blockchainโs scalability and long-term potential.
๐น Joins Solana-aligned firms like Sol Strategies, which recently filed for its own Nasdaq listing
๐น SOL price surged 5.46% to $191.70 following the announcement
๐น Highlights the rising confidence in Layer-1 treasuries as smart capital allocation tools
๐ก This is more than just a treasury play โ itโs a sign that Solana is gaining serious traction among institutional players, reshaping how corporate balance sheets interact with blockchain ecosystems.
#Solana #MFH #TreasuryStrategy #Web3 #NASDAQ
https://coingape.com/3-5-billion-mercury-fintech-secures-200m-for-solana-treasury/?utm_source=bnb&utm_medium=coingape