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Solana Foundation Hires Former Binance CMO For Institutional Push

  • The Solana Foundation has appointed former Binance world CMO Rachel Conlan as chief technique officer.
  • Former Polygon Labs govt Jamal Raees has joined as normal supervisor of funds.
  • The Foundation says the hires are geared 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 world CMO and beforehand held senior roles at OKX, CAA Sports and Havas.

At Solana, her remit will prolong past advertising and marketing.

The Foundation says she’s going to oversee institutional partnerships, ecosystem progress and go-to-market technique.

Raees will focus extra narrowly on funds.

His function covers stablecoins, tokenized deposits and the broader infrastructure required to make Solana helpful as a monetary settlement community.

The appointments arrive because the Foundation factors to substantial progress throughout these areas.

It says Solana has processed greater than $5 trillion in stablecoin quantity throughout 2026, whereas real-world property on the community have handed $4.5 billion and tokenized fairness provide has moved above $620 million.

Those are company-reported ecosystem figures, however they clarify why the Foundation is constructing a workforce particularly round institutional finance.

Solana Is Competing For Financial Infrastructure, Not Just Crypto Apps

Solana’s earlier progress story was closely related to buying and selling, NFTs and shopper crypto functions.

The community is more and more positioning itself round funds, tokenization and institutional settlement as nicely.

That brings it into a unique 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 most of the identical use instances.

Solana’s pitch is efficiency: high throughput, low transaction prices and an present pool of stablecoin liquidity.

But know-how alone doesn’t deliver establishments onchain.

Banks, asset managers and cost corporations require partnerships, compliance integration and individuals who can translate blockchain infrastructure into merchandise that match present monetary companies.

The Foundation’s newest hires counsel it is aware of that.

Solana already has the community.

Conlan and Raees are being introduced in to assist flip that community into one thing extra establishments and cost corporations truly use.

*This article was written by the News Desk and edited by [Samuel Rae](https://www.newsbtc.com/creator/rae-samuel/).*

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