Mercurity Fintech Holding launches $500M ‘DeFi Basket’ treasury

Mercurity Fintech Holding (MFH)announced the launch of its $500M “DeFi Basket” Treasury, marking a significant expansion of the company’s on-chain strategy and treasury diversification roadmap. The DeFi treasury will initially focus on building a diversified portfolio of high-utility digital assets with established market positions and institutional adoption. MFH intends to acquire these assets through a combination of existing cash reserves and future fundraising proceeds, subject to market conditions and regulatory compliance. In the first phase, MFH will prioritize building a long-term position in Solana, reflecting the company’s assessment of the network’s scalability, institutional adoption potential, and ecosystem growth. The company plans to systematically accumulate SOL and operate validator nodes to support the network while generating on-chain staking rewards. This marks the beginning of MFH’s deeper integration into the Solana ecosystem.