Solana Gets Another Treasury Firm with $2B Plan Backed by DeFi Protocol Marinade

Core Insights - VisionSys AI (VSA), a Beijing-based publicly-traded company focused on brain-machine interface technologies and AI systems, announced a $2 billion treasury strategy involving Solana (SOL) [1][4] Company Strategy - The initiative, spearheaded by VisionSys subsidiary Medintel Technology, plans to acquire and stake $500 million in SOL over the next six months, partnering with Marinade, a major staking operator on Solana [2] - The appointment of Hakob Sirounian, an early Solana supporter, as chief strategy officer indicates a strategic focus on blockchain and decentralized technologies [3] Market Performance - Following the announcement, VisionSys AI's stock experienced a 20% decline in premarket trading, despite a remarkable increase of over 300% since its trading debut in April [3] - SOL was noted as one of the top performers in the crypto market, rising 6% to $219 on the same day [3] Industry Trends - VisionSys AI joins a growing list of public companies adopting direct cryptocurrency holdings, following the lead of early adopters like MicroStrategy [4] - The trend of holding digital assets has expanded beyond Bitcoin (BTC) to include other tokens like Ether (ETH) and SOL, with companies seeking income through yield-earning strategies in decentralized finance (DeFi) markets [5] - Firms in the Solana ecosystem, such as Forward Industries, Defi Development, and Upexi, collectively hold over $3 billion in SOL [5]