Solana Foundation Appoints Former Binance, Polygon Executives to Drive Institutional Adoption and Payments

Odaily reports that the Solana Foundation has announced the appointment of Rachel Conlan as Chief Strategy Officer and Jamal Raees as General Manager of Payments, in a move to expand institutional adoption and payment operations. Conlan previously spent three years at Binance and has held senior management roles at companies including OKX; Raees joins from Polygon Labs and will be responsible for collaborating with payment companies, enterprises, and ecosystem partners to advance Solana's adoption as global payments infrastructure. The Solana Foundation stated that this year, stablecoin transaction volume on Solana has surpassed $5 trillion, on-chain real-world asset (RWA) value has exceeded $4.5 billion, and tokenized equity supply has surpassed $620 million. (The Block)