Mercurity Fintech Allocates $500M to DeFi Basket with Focus on Solana
2025-07-14 17:21:12
Main Idea
Mercurity Fintech Holding Inc. has launched a $500 million DeFi treasury fund, prioritizing Solana (SOL) and diversifying into other major cryptocurrencies like Ethereum (ETH), Cardano (ADA), XRP, and BNB, under strict risk and compliance guidelines.
Key Points
1. Mercurity Fintech Holding Inc. filed a Form 6-K with the U.S. SEC confirming the launch of a $500 million DeFi treasury fund.
2. The fund will prioritize acquiring Solana (SOL) and expand into Ethereum (ETH), Cardano (ADA), XRP, and BNB.
3. The company plans to build long-term exposure to Solana, earning staking rewards and leveraging its scalability.
4. MFH aims to balance its treasury by diversifying into high-utility assets while adhering to internal risk protocols and security frameworks.
5. The initiative aligns with MFH's goal to increase participation in DeFi while maintaining oversight and adopting active on-chain strategies.
Description
MFH launched a $500M DeFi treasury with a strong focus on Solana and validator node operations. The treasury will diversify into ETH, ADA, XRP, and BNB under strict risk and compliance guidelines. The move reflects MFH’s shift toward direct on-chain financial infrastructure and active participation in DeFi ecosystems. Mercurity Fintech Holding Inc. (NASDAQ: MFH) filed a Form 6-K w ith the U.S. SEC on July 14, confirming the launch of a $500 million DeFi treasury fund. The initiative will priorit...
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