Solana Foundation appoints veteran executives from Binance and Polygon to lead institutional adoption and payments initiatives.
Tech & Launches ·
The Solana Foundation has appointed executives with prior roles at Binance and Polygon to lead institutional adoption and payments efforts. One of the appointees is Rachel Conlan, Binance's former global CMO, who will serve as chief strategy officer to direct institutional initiatives.
The appointments arrive as Solana's metrics show significant growth in on-chain activity. Stablecoin volume has reached $5 trillion this year, real-world assets have exceeded $4.5 billion, and tokenized equity supply has topped $620 million.
The hires signal a strategic push to capture institutional capital, though specific operational targets and timelines for the Foundation's adoption roadmap have not been detailed. Details on the other Polygon veteran's role and scope remain unclear from available announcements.