Solana news: Solana Foundation hires Binance, Polygon veterans for tokenized finance push

Solana news: Solana Foundation hires Binance, Polygon veterans for tokenized finance push

Summary

The Solana Foundation appointed former Binance executive Rachel Conlan as chief strategy officer to lead institutional partnerships and ecosystem growth. It also hired former Polygon Labs executive Jamal Raees as general manager for payments, focused on business adoption. The hires support Solana’s push into institutional finance, stablecoin payments and tokenized assets. The network has processed more than $5 trillion in stablecoin volume this year, while tokenized assets on Solana reached $4.5 billion, including over $600 million in stocks.