Solana Foundation Hires Former Binance CMO For | Crypto News
- The Solana Foundation has appointed former Binance global CMO Rachel Conlan as chief strategy officer.
- Former Polygon Labs government Jamal Raees has joined as normal supervisor of funds.
- The Foundation says the hires are aimed at accelerating institutional adoption and cost exercise on Solana.
**ID:** N25-07
**Site:** NewsBTC
**Status:** READY
**Author:** NewsBTC Editorial Team
**Focus Keyword:** Solana
**Image Keyword:** Solana
**Category:** Altcoins
**Tags:** Solana, Rachel Conlan, Payments, Institutions, Foundation
**Primary Source:** https://solana.com/news
Solana Wants To Turn Network Activity Into Institutional Adoption
Conlan spent three years as Binance’s global CMO and beforehand held senior roles at OKX, CAA Sports and Havas.
At Solana, her remit will lengthen past advertising.
The Foundation says she is going to oversee institutional partnerships, ecosystem growth and go-to-market strategy.
Raees will focus more narrowly on funds.
His position covers stablecoins, tokenized deposits and the broader infrastructure required to make Solana useful as a financial settlement community.
The appointments arrive as the Foundation factors to substantial growth across those areas.
It says Solana has processed more than $5 trillion in stablecoin quantity during 2026, while real-world belongings on the community have handed $4.5 billion and tokenized equity provide has moved above $620 million.
Those are company-reported ecosystem figures, but they clarify why the Foundation is building a staff particularly around institutional finance.
Solana Is Competing For Financial Infrastructure, Not Just Crypto Apps
Solana’s earlier growth story was closely related with trading, NFTs and shopper crypto functions.
The community is more and more positioning itself around funds, tokenization and institutional settlement as properly.
That brings it into a different aggressive set.
Ethereum and its Layer 2 networks stay deeply embedded in tokenized finance, while newer payment-focused chains and personal banking networks are chasing many of the same use circumstances.
Solana’s pitch is efficiency: high throughput, low transaction prices and an current pool of stablecoin liquidity.
But technology alone doesn’t convey establishments onchain.
Banks, asset managers and cost firms require partnerships, compliance integration and people who can translate blockchain infrastructure into merchandise that match current financial companies.
The Foundation’s latest hires recommend it is aware of that.
Solana already has the community.
Conlan and Raees are being introduced in to help flip that community into one thing more establishments and cost firms really use.
*This article was written by the News Desk and edited by [Samuel Rae](https://www.newsbtc.com/creator/rae-samuel/).*
Stay up to date with the latest trending crypto news! Visit our web site daily for the freshest Crypto news and content, rigorously curated to keep you informed.
