PANews reported on October 1st that VisionSys, a Nasdaq-listed AI healthcare company, announced the launch of a large-scale Solana (SOL) treasury initiative, with the long-term goal of building a Solana treasury valued at up to $2 billion. The first phase of the initiative aims to acquire and stake $500 million worth of SOL over the next six months. According to the announcement, the company will partner with Solana staking protocol Marinade Finance to execute the initiative, with Marinade serving as its exclusive staking and ecosystem partner. VisionSys CEO Heng Wang stated that the move aims to “integrate digital assets into the company’s DNA” and position the company as a pioneer in AI-powered blockchain treasury management. It is worth noting that despite the ambitious plan, the market reaction was negative. After the announcement, VisionSys's stock price, which has a market capitalization of approximately $34.2 million, fell as much as 37.5% in pre-market trading.PANews reported on October 1st that VisionSys, a Nasdaq-listed AI healthcare company, announced the launch of a large-scale Solana (SOL) treasury initiative, with the long-term goal of building a Solana treasury valued at up to $2 billion. The first phase of the initiative aims to acquire and stake $500 million worth of SOL over the next six months. According to the announcement, the company will partner with Solana staking protocol Marinade Finance to execute the initiative, with Marinade serving as its exclusive staking and ecosystem partner. VisionSys CEO Heng Wang stated that the move aims to “integrate digital assets into the company’s DNA” and position the company as a pioneer in AI-powered blockchain treasury management. It is worth noting that despite the ambitious plan, the market reaction was negative. After the announcement, VisionSys's stock price, which has a market capitalization of approximately $34.2 million, fell as much as 37.5% in pre-market trading.

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more