Nasdaq-listed VisionSys AI unveiled a $2 billion Solana treasury strategy Wednesday through its subsidiary Medintel Technology. The Beijing-based brain‑machine interface and artificial intelligence firm partnered with Marinade, a leading staking operator managing $2.2 billion in total value locked.
The company appointed early Solana backer Hakob Sirounian as chief strategy officer on Tuesday to oversee blockchain and decentralized technology initiatives. VisionSys stock fell 20 % in pre‑market trading following the announcement, though shares have risen over 300 % since April.
The initial phase aims to acquire and stake $500 million in Solana within six months, though funding details remain undisclosed. Marinade will serve as exclusive staking and ecosystem partner, managing operations, security, compliance, and performance optimization.
VisionSys CEO Heng Wang described the partnership as positioning the company as a pioneer in AI‑driven blockchain treasury management. The strategy combines proprietary AI algorithms with Solana’s high‑performance blockchain to explore intelligent DeFi solutions and tokenomics models.
The nano‑cap firm, valued at approximately $34.2 million, set an ambitious target to build its Solana treasury to $2 billion over time. This initiative mirrors Strategy’s approach under Michael Saylor, which became the largest corporate Bitcoin holder.
Corporate treasury strategies have expanded beyond Bitcoin to include Ethereum and Solana as firms pursue yield‑earning opportunities through decentralized finance markets. Forward Industries, DeFi Development, and Upexi collectively hold over $3 billion in Solana.
Recent institutional backing demonstrates growing Solana adoption. Helius Medical Technologies secured over $500 million in funding from Pantera and Summer Capital last month to launch a Solana treasury company. Galaxy Digital, Jump Crypto, and Multicoin Capital pledged $1.65 billion to Forward Industries, a publicly traded Solana treasury firm.
Solana traded up 6 % to $219 on Wednesday, ranking among the top performers in the rallying crypto market.
Marinade Finance Head of Institutional Growth Scott Gralnick called the partnership a perfect fit, combining VisionSys’s AI leadership with leading Solana delegation services. The DeFi protocol’s extensive experience positions it to optimize staking yields while maintaining security standards for institutional treasury management.