Data: Mercurity Fintech pre-market rose over 7%, after receiving a $200 million strategic investment from Solana Ventures to launch a digital asset treasury plan

ChainCatcher news, according to market data, Mercurity Fintech has risen over 7% in pre-market trading.

ChainCatcher previously reported, according to businessinsider, digital fintech group Mercurity Fintech Holding Inc. (NASDAQ: MFH) announced today that it has reached a $200 million equity credit agreement with Solana Ventures Ltd. to launch a digital asset treasury strategy based on the Solana blockchain. It is reported that MFH's Solana strategy focuses on three main directions:

• Establishing a high-value digital asset reserve centered around the SOL token
• Obtaining long-term returns through staking, validating nodes, and Solana decentralized finance (DeFi) protocols
• Investing in real-world assets (RWA) and tokenized financial products, among other Solana ecosystem projects