US-listed VisionSys Announces Solana Strategic Reserve Plan

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Summary

US Nasdaq-listed VisionSys announced a Solana strategic reserve plan of up to 2 billion dollars.
VisionSys said it will, through a subsidiary, partner with Marinade Finance to pursue a strategic reserve business utilizing Solana technology.
The project aims to strengthen the company's financial structure, improve liquidity, and create shareholder value.

US Nasdaq-listed VisionSys (VisionSys) announced a Solana (SOL) strategic reserve plan. The project will be carried out in collaboration with the Solana staking protocol Marinade Finance (Marinade Finance).

On the 1st (local time), The Block reported that VisionSys said its subsidiary Medintel Technology has signed a partnership with Marinade and will pursue a Solana-based crypto strategic reserve business. In this collaboration, Marinade will serve as VisionSys's 'exclusive staking and ecosystem partner,' handling staking operations, security, compliance, and so on.

VisionSys explained, "This project aims to strengthen the company's financial structure, increase liquidity, and create long-term shareholder value."

VisionSys has set a goal to build a Solana strategic reserve of up to 2 billion dollars in the long term. In the initial phase, it plans to purchase and stake 500 million dollars worth of Solana within 6 months, but specific funding methods were not disclosed.

Regarding the collaboration, Scott Gralnick (Scott Gralnick), Marinade's Head of Institutional Growth, said, "The partnership with VisionSys, a leading AI-based blockchain solutions company, is a perfect match," adding, "It will be an important milestone for the expansion of the Solana ecosystem."

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