Mercurity Fintech Holding Inc. has established a $200 million strategic partnership with Solana Ventures to drive development across Solana’s blockchain ecosystem. The equity line of credit agreement targets SOL token acquisition, staking infrastructure, decentralized finance (DeFi) protocol enhancement, and real-world asset (RWA) tokenization initiatives, aiming to bridge traditional finance with blockchain innovation.
Joint investments will focus on expanding Solana’s DeFi landscape and accelerating RWA tokenization projects, reinforcing network security while fostering ecosystem growth. This collaboration intends to increase institutional participation and technological integration through dedicated capital deployment.
Solana’s native token SOL currently trades near $191 with a market capitalization exceeding $100 billion, reflecting a 35% quarterly price appreciation. Mercurity’s Chief Strategy Officer Wilfred Daye, leveraging extensive Wall Street experience and blockchain expertise in RWA tokenization, will spearhead strategic development efforts.
The alliance is positioned to enhance liquidity across Solana’s DeFi markets, support emerging project development, and reshape ecosystem dynamics. This initiative underscores a commitment to position Solana as a leading hub for tokenized real-world assets and scalable financial applications.