Arthur Hayes join Upexi to Boost Solana Treasury
Upexi don appoint Arthur Hayes, weh na co-founder for BitMEX and e bin dey Maelstrom CIO, go im new advisory committee. Dis move na to make Upexi Solana treasury strategy better and grow e DeFi faster. Because Hayes get experience for Deutsche Bank, Citigroup and na e start perpetual swaps, e go help guide correct strategic partnerships and smart investments for Solana ecosystem.
Upexi dey manage about 1.9 million SOL (like $316 million) for e Solana treasury now. Di company dey plan to buy locked SOL at discount and make like 7–9% yield using Solana fast and cheap transactions. CEO Allan Marshall dey expect sey di advisory committee go make Upexi brand strong, open new big business chances, and make dem leaders for DeFi asset management.
Traders suppose watch for upcoming partnership announcements and possible SOL demand changes as Upexi use Hayes network and skills expand e Solana treasury and DeFi offers.
Bullish
The way dem appoint Arthur Hayes to Upexi advisory committee show say institutional people dey more involved and dem get confidence for Solana ecosystem. For short term, traders fit expect say dem go dey buy as Upexi dey buy locked SOL wey dem dey sell for discount and dem dey announce strategic partnership. This kain demand fit make SOL price dey go up. For long term, Hayes sabi and Upexi strategy wey dey reason about 7–9% yield fit bring more money enter Solana DeFi, e go make network dey used more and liquidity go strong. Better brand reputation plus focused investments under advisory committee still dey support better-grow and dem dey reason say SOL price go rise.