Solana Foundation Hires Former Binance CMO For | Solana News
- The Solana Foundation has appointed former Binance international CMO Rachel Conlan as chief strategy officer.
- Former Polygon Labs government Jamal Raees has joined as common supervisor of funds.
- The Foundation says the hires are aimed toward 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/information
Solana Wants To Turn Network Activity Into Institutional Adoption
Conlan spent three years as Binance’s international CMO and beforehand held senior roles at OKX, CAA Sports and Havas.
At Solana, her remit will prolong past advertising.
The Foundation says she’s 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 helpful as a financial settlement community.
The appointments arrive because the Foundation factors to substantial growth throughout these areas.
It says Solana has processed more than $5 trillion in stablecoin quantity during 2026, whereas real-world property on the community have handed $4.5 billion and tokenized equity provide has moved above $620 million.
Those are company-reported ecosystem figures, however they clarify why the Foundation is building a group particularly round institutional finance.
Solana Is Competing For Financial Infrastructure, Not Just Crypto Apps
Solana’s earlier growth story was closely related to trading, NFTs and shopper crypto purposes.
The community is more and more positioning itself round funds, tokenization and institutional settlement as properly.
That brings it into a totally different aggressive set.
Ethereum and its Layer 2 networks stay deeply embedded in tokenized finance, whereas newer payment-focused chains and personal banking networks are chasing many of the identical use circumstances.
Solana’s pitch is efficiency: high throughput, low transaction prices and an present pool of stablecoin liquidity.
But technology alone doesn’t deliver establishments onchain.
Banks, asset managers and cost corporations require partnerships, compliance integration and people who can translate blockchain infrastructure into merchandise that match present financial companies.
The Foundation’s newest 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 corporations really use.
*This article was written by the News Desk and edited by [Samuel Rae](https://www.newsbtc.com/writer/rae-samuel/).*
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