Mercurity Fintech Holding Inc. (NASDAQ: MFH) has announced it secured a substantial equity credit line of $200 million from Solana Ventures, marking a decisive step in advancing institutional blockchain treasury management centred on Solana.
This partnership puts MFH alongside a new cohort of firms making Solana (SOL) an essential part of their balance sheets and operational strategies.
Mercurity Fintech (Nasdaq: MFH) has secured a $200 million equity line from Solana Ventures to launch a Solana-based digital asset treasury strategy. The initiative aims to accumulate SOL, generate yield through staking and DeFi, and invest in tokenized finance projects on…
— Wu Blockchain (@WuBlockchain) July 21, 2025
The funding, set for phased deployment, will support MFH’s plans to acquire and stake SOL, operate Solana validators, and invest in tokenized financial initiatives. MFH is also targeting real-world asset projects and decentralised services across the Solana ecosystem. Wilfred Daye, Chief Strategy Officer at MFH, explained that Solana’s high throughput, cost efficiency, and emerging regulatory clarity make it a compelling platform for institutional blockchain finance exposure.
News of the deal triggered an immediate response in the market. SOL’s price climbed 5.46% to $191.70, with daily trading volume soaring nearly 70% to $8.69 billion. The market rally highlights growing institutional confidence in Solana’s viability as a blockchain infrastructure layer for treasury and financial products.
This announcement coincides with a surge in institutional moves towards Solana. DeFi Development Corporation recently revealed a $100 million position in SOL, while ReserveOne unveiled a $1 billion cryptocurrency treasury initiative using Solana as its core asset. MFH’s strategy shares similarities with Sol Strategies, a Solana-focused treasury management firm that has filed for listing on the Nasdaq, underscoring a broader shift toward blockchain-native treasury operations.
Analysts note that this surge in treasury activity reflects an industry-wide trend: blockchain and DeFi firms are increasingly managing reserves on-chain, favouring protocols like Solana for speed and transaction costs. MFH’s entry—as both investor and participator in Solana’s network—illustrates growing trust in the blockchain’s technical and regulatory standing.
The partnership places Mercurity Fintech at the forefront of institutional adoption within the Solana ecosystem, signifying a new chapter for digital asset treasury management.
Notably, A formal investigation has been launched by the United States into Brazil’s digital trade policies, specifically targeting the state-run Pix payment system. This action escalates existing fintech tensions between the two nations.
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