BTCC
/
BTCC Square
/
decryptCO
/
DeFi Giant Doubles Down on Solana with $11.2M Bet—Because Traditional Finance Was Too Stable
DeFi Giant Doubles Down on Solana with $11.2M Bet—Because Traditional Finance Was Too Stable
10
2
In a move that screams ’bullish or bust,’ a publicly traded DeFi development firm just dropped another $11.2 million into Solana—because apparently, the first few million weren’t enough conviction.
The play? Either a masterstroke in blockchain infrastructure betting or another case of ’institutional FOMO’ dressed up as strategy. Meanwhile, traditional finance bros are still trying to explain what a validator node is.
Solana’s price action post-announcement? Predictably volatile. The firm’s PR spin? ’Strategic allocation.’ The crypto-twitter response? ’GM, ser.’
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!
By:
