Arthur Hayes Joins Upexi to Boost Solana Treasury
Upexi has appointed Arthur Hayes, co-founder of BitMEX and former Maelstrom CIO, to its new advisory committee. The move aims to refine Upexi’s Solana treasury strategy and accelerate its DeFi growth. With Hayes’s background at Deutsche Bank, Citigroup and pioneering perpetual swaps, he will guide strategic partnerships and targeted investments within the Solana ecosystem.
Upexi currently manages 1.9 million SOL (approx. $316 million) in its Solana treasury. The firm plans to buy locked SOL at discounts and seek 7–9% yields using Solana’s high-speed, low-cost transactions. CEO Allan Marshall expects the advisory committee to enhance Upexi’s brand, unlock new institutional opportunities, and strengthen its DeFi asset management leadership.
Traders should watch for forthcoming partnership announcements and potential SOL demand shifts as Upexi leverages Hayes’s network and expertise to expand its Solana treasury and DeFi offerings.
Bullish
Arthur Hayes’s appointment to Upexi’s advisory committee signals stronger institutional engagement and confidence in Solana’s ecosystem. In the short term, traders may anticipate accumulation as Upexi buys discounted, locked SOL and announces strategic partnerships. This demand uptick can drive SOL prices upward. Over the long term, Hayes’s expertise and Upexi’s yield-seeking strategies (7–9%) could attract more capital into Solana DeFi, reinforcing network usage and liquidity. Enhanced brand credibility and targeted investments under the advisory committee further support sustainable growth, underpinning a bullish outlook for SOL.