Key Highlights:
  • VisionSys AI partners with Marinade Finance to build a Solana treasury.

  • Target of $2B in SOL, starting with $500M in the first six months.

  • Marinade will handle staking, compliance, and optimization.

  • Stock plunged 37% after announcement, MNDE token up slightly.

Strategic Treasury Move

Nasdaq-listed VisionSys AI has revealed an ambitious plan to build one of the largest corporate Solana treasuries in the world. Through its subsidiary Medintel Technology, the company signed an exclusive partnership with Marinade Finance, a leading Solana staking provider, to oversee staking operations, compliance, and performance management.

The initiative aims to use Solana as a balance sheet strategy, combining VisionSys’s AI-driven analytics with Solana’s fast blockchain.

$2 Billion Target

VisionSys set a long-term goal of building a $2 billion SOL treasury, with $500 million expected to be acquired and staked in the first six months. The company did not disclose how it intends to finance the acquisitions, raising questions given its small $34 million market cap.

“This partnership is a once-in-a-generation opportunity to weave digital assets into our corporate DNA,” CEO Heng Wang said, positioning VisionSys as a pioneer in AI-driven blockchain treasury management.

Market Reaction

Investors were skeptical, with VisionSys’s stock plunging 37% in pre-market trading. By contrast, Marinade’s MNDE token gained 2.3%, suggesting the market sees upside for the staking provider.

Growing Trend

The announcement follows similar treasury strategies from other firms. Helius Medical recently secured $500 million to back a Solana treasury company, while Galaxy Digital, Jump Crypto, and Multicoin Capital pledged $1.65 billion for Forward Industries. With more firms buying SOL, Solana’s corporate adoption trend is accelerating.

Read the full article on theblock.