Nasdaq-listed VisionSys plans Solana treasury in collaboration with Marinade Finance
AI-powered healthcare and biotech solutions firm VisionSys has announced plans to launch a SOL treasury initiative, in collaboration with Solana staking protocol Marinade Finance.
In a press release on Wednesday, VisionSys, which specializes in brain–machine interaction and advanced AI systems, announced that its wholly owned subsidiary, Medintel Technology, has entered into an exclusive partnership framework with Marinade to launch a digital asset treasury strategy.
Marinade will act as VisionSys's "exclusive staking and ecosystem partner," overseeing staking operations, security, compliance, and performance optimization, according to the statement.
"This landmark initiative is designed to strengthen VisionSys's balance sheet, enhance liquidity, and create long-term shareholder value through the strategic acquisition and staking of Solana (SOL)," VisionSys wrote.
"We are excited to partner with VisionSys. As a leader in AI solutions for blockchains, forming a Solana treasury vehicle with the leading Solana delegation provider is a perfect fit," Marinade Finance Head of Institutional Growth Scott Gralnick added.
Ambitious treasury target
The nano-cap firm, valued at about $34.2 million, has set an ambitious target to build a Solana treasury worth up to $2 billion over time. In the first phase, VisionSys aims to acquire and stake $500 million in SOL within the next six months, but the firm did not disclose any further details on how it plans to raise the funds.
"This partnership represents a once-in-a-generation opportunity to integrate digital assets into our corporate DNA," VisionSys CEO Heng Wang said. "It positions VisionSys as a pioneer of AI-driven blockchain treasury management. By leveraging Marinade's unparalleled expertise, we are not just strengthening our treasury; we are building a foundation for the future. This involves combining VisionSys's proprietary AI algorithms with Solana's high-performance blockchain to explore next-generation intelligent DeFi solutions and tokenomics models, unlocking new value at the intersection of AI and web3."
VisionSys joins a growing list of firms accumulating Solana. Last month, Helius Medical Technologies announced over $500 million in funding led by Pantera and Summer Capital to launch a Solana treasury company. Galaxy Digital, Jump Crypto, and Multicoin Capital also recently pledged $1.65 billion to Forward Industries, a new publicly traded Solana treasury company that will buy and stake SOL, adding to other corporate holders of the cryptocurrency such as DeFi Development Corp., Sol Strategies, and Upexi.
VisionSys's stock fell around 37.5% in pre-market trading on Wednesday following the news before recovering slightly, according to TradingView. Marinade's MNDE gained 2.3% during the same period and is currently changing hands for around $0.13, per CoinGecko data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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