Mercurity Fintech Holding Inc. (NASDAQ: MFH) filed Form 6-K with the US SEC on July 14th to confirm the launch of the $500 million DefiSeasury Fund.
The initiative prioritizes the acquisition of Solana (SOL) and expands to other major cryptocurrencies, including Ethereum (ETH), Cardano (ADA), XRP and BNB. The company said it will use both cash reserves and future financing to support movements, depending on the market and regulatory conditions.
“Solana First” strategy
In the first phase, MFH will build long-term exposure to Solana. Collect Sol Tokens, manipulate validator nodes to protect your network, and earn staking rewards. The company cited the increasing scalability and institutional adoption of Solana as the main reason for this strategy.
The integration marks a shift towards blockchain-native financial infrastructure, along with plans to directly participate in ecosystems on the chain.
Broader diversification with risk control
Along with Solana, MFH aims to balance the Ministry of Finance by diversifying into high-outcome assets such as ETH, ADA, XRP and BNB. These assets gain traction across institutional platforms and distributed finance protocols. The company said the acquisition of Defi Asset follows investment guidelines, complies with regulations and meets internal risk protocols.
Related: Solana (SOL) price forecast for July 15th
To manage exposure, MFH plans to implement agency-grade operational procedures and security frameworks. This move is consistent with the goal of increasing participation in Defi while maintaining surveillance. The MFH announcement reflects a wide range of industry trends where fintech companies are adopting an aggressive on-chain strategy beyond passive token holding.
Mercurity Fintech’s blockchain focus spans asset management, financial advisory and capital markets. With this Ministry of Finance launch, the company will strengthen its presence in a decentralized financial landscape through direct asset accumulation and deployment of validator nodes.
Disclaimer: The information contained in this article is for information and educational purposes only. This article does not constitute any kind of financial advice or advice. Coin Edition is not liable for any losses that arise as a result of your use of the content, products or services mentioned. We encourage readers to take caution before taking any actions related to the company.
