VisionSys AI, a Nasdaq-listed agency devoted to brain-machine interface applied sciences and synthetic intelligence programs, on Wednesday unveiled a $2 billion treasury technique centered on Solana, becoming a member of a rising checklist of public firms pivoting to digital asset treasury methods.
VisionSys Chases $2 Billion SOL Treasury With Marinade
VisionSys AI has introduced that it seeks to ascertain a Solana treasury with as much as $2 billion in SOL.
To execute the daring treasury technique, the corporate’s wholly owned subsidiary, Medintel Know-how Inc., has entered into an unique partnership with Solana DeFi protocol, Marinade Finance.
Marinade will act as VisionSys’s “unique staking and ecosystem accomplice,” managing staking operations, safety, compliance, and efficiency optimization, in keeping with the press launch.
The initiative is to begin with a plan to amass and stake $500 million in SOL throughout the subsequent six months, however VisionSys finally hopes to create a treasury price $2 billion.
“This landmark initiative is designed to strengthen VisionSys’s steadiness sheet, improve liquidity, and create long-term shareholder worth by the strategic acquisition and staking of Solana (SOL),” VisionSys acknowledged.
The announcement doesn’t disclose the way it intends to boost funds to amass the SOL tokens. The corporate boasts consolidated money and money equivalents of solely $15 million as of December 31, 2024, in keeping with a Could submitting with the SEC.
“This partnership represents a once-in-a-generation alternative to combine digital property into our company DNA,” VisionSys CEO Heng Wang opined. “It positions VisionSys as a pioneer of AI-driven blockchain treasury administration. By leveraging Marinade’s unparalleled experience, we’re not simply strengthening our treasury; we’re constructing a basis for the long run.”
If the agency is ready to obtain its $500 million aim, VisionSys would place itself among the many prime 5 greatest publicly traded Solana treasury corporations.
Solana Treasury corporations Now Maintain Over 3% Of Complete Provide
VisionSys joins a ballooning checklist of public firms accumulating SOL, the trade’s sixth-largest crypto by market cap.
Final month, Brera Holdings rebranded to Solmate, with the plan of making a Solana treasury and specializing in growing infrastructure for the Solana ecosystem after elevating $300 million.
Neurotech firm Helius Medical Applied sciences additionally introduced a $500 million elevate led by Pantera and Summer season Capital to introduce a Solana treasury firm. Furthermore, Nasdaq-listed Ahead Industries closed a $1.65 billion non-public funding in a public fairness deal led by Galaxy Digital, Bounce Crypto and Multicoin Capital, to anchor its steadiness sheet in Solana, including to different company holders of the cryptocurrency, together with DeFi Improvement Corp., Sol Methods, and Upexi.
Presently, 20.92 million Solana are held by 18 entities, which is equal to three.64% of Solana’s complete provide locked up by Solana DATs, knowledge from Strategic SOL Reserve reveals.