Overview

• VisionSys AI will acquire and stake $500 million worth of SOL over the next six months as the first phase of a $2 billion treasury strategy.
• Marinade, a leading Solana staking operator with roughly $2.2 billion in total value locked, will manage staking and yield generation for the holdings.
• The company named early Solana backer Hakob Sirounian as chief strategy officer to oversee blockchain and decentralized technology initiatives.
• Shares fell about 20% in premarket trading following the disclosure and later dropped as much as 45% to $1.89, according to Benzinga.
• The move adds to a growing corporate pivot toward on-chain treasuries, with Blockworks data showing public firms already holding over $3 billion in SOL.