VisionSys AI Names Marinade Finance as Staking Partner for Solana $2B DAT

DAT season continues, with another TradFi company setting its sights on a $2B $SOL treasury and the promise of generous yield from staking rewards.

VisionSys AI, and its subsidiary Medintel Technology Inc., are the latest to join the Solana arms race, aiming to accumulate $500M worth of $SOL over the next six months.

The firm has named Marinade Finance as its exclusive staking partner, drawing on the OG operator’s expertise and experience to optimize its staking strategy.

VisionSys AI Targets $2B Crypto Treasury

On October 1st, VisionSys AI, and its subsidiary Medintel Technology Inc., unveiled their intention to adopt a Solana treasury strategy, joining the swelling ranks of TradFi firms seeking to amass $SOL.

While VisionSys AI aims to establish a $2B $SOL treasury, the firm has so far only earmarked $500M for accumulation over the next six months.

Seeking to optimize the growth of its $SOL treasury, VisionSys AI turns to ecosystem experts. Marinade Finance, one of Solana’s oldest staking providers, has been named as the firm’s exclusive staking partner and will take charge of all staking operations to ensure institutional-grade performance, security, and compliance.

“This Partnership represents a once-in-a-generation opportunity to integrate digital assets into our corporate DNA. It positions VisionSys as a pioneer of AI-driven blockchain treasury management. By leveraging Marinade's unparalleled expertise, we are not just strengthening our treasury; we are building a foundation for the future. This involves combining VisionSys's proprietary AI algorithms with Solana's high-performance blockchain to explore next-generation intelligent Defi solutions and tokenomics models, unlocking new value at the intersection of AI and Web3." - Heng Wang, VisionSys AI Inc CEO

While initiating a Solana treasury strategy is undoubtedly an appealing prospect for TradFi firms, managing competitive staking operations at an institutional scale is far from a simple task.

"We are excited to partner with VisionSys. As a leader in AI solutions for blockchains, forming a Solana treasury vehicle with the leading Solana delegation provider is a perfect fit," - Scott Gralnick, Head of Institutional Growth at Marinade Finance.

By passing over the reins, VisionSys AI will leverage Marinade’s experience to optimize its yield generation, while mitigating the risks that could come from DIY, inexperienced staking management.

DATs Accelerate $SOL Accumulation

DAT fever is reaching a fever pitch. Spurred by aggressive buying from market leaders like Forward Industries’ $1.6B bid, the share of $SOL’s total supply held by DATs has gone parabolic.

According to Blockworks Research, 2.3% of Solana’s total supply is held by DATs. This figure is expected to rise higher, with millions of fresh capital expected to pour into $SOL in the coming months. VisionSys’ $500M commitment alone would theoretically take ~2.2M $SOL off the market, adding an additional 0.36% to the DAT share.

Solana Strategic Reserve data indicates that VisionSYS AI’s $500M $SOL could see the firm become the third largest DAT in the $SOL treasury arms race. Meanwhile, Forward Industries is expected to extend its lead, off the back of a recent At-the-Market Equity offering, valued at $4B.

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