Mercurity Fintech Holding has secured a $200 million equity line of credit from Solana Ventures to launch a Solana-focused treasury strategy. The Nasdaq-listed company plans to accumulate a large position in Solana (SOL) tokens and generate returns through staking, validator nodes, and decentralized finance projects within the Solana ecosystem.

This new initiative adds to Mercurity’s existing bitcoin investment plan and does not replace it. Chief Strategy Officer Wilfred Daye said bitcoin and Solana serve different treasury functions. Bitcoin is seen as a digital store of value, while Solana offers staking yield and smoother DeFi integration, making it more flexible for treasury management.

The Solana strategy is part of a broader move, including Mercurity’s recently announced $500 million DeFi Basket plan, which targets Solana, ether (ETH), XRP, cardano (ADA), and BNB. The company joins a growing list of firms adopting crypto treasury strategies, using altcoins not just for accumulation, but also for active participation and yield generation.

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