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VisionSys AI Inc. (NASDAQ:VSA) plummeted by 45% to $1.89 on Wednesday after unveiling a pre-market partnership with Marinade Finance to launch a Solana-based treasury program valued at up to $2 billion.
VisionSys Unveils $2B Solana Treasury Gamble With Marinade
The initiative, unveiled Wednesday morning, positions VisionSys to acquire and stake up to $500 million in Solana (CRYPTO: SOL) within six months, with a long-term target of $2 billion.
Marinade Finance, Solana’s leading staking protocol, will manage staking operations and treasury oversight.
Chief Executive Heng Wang called the plan a “once-in-a-generation opportunity” to integrate blockchain into the company’s corporate treasury…
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