Home
News
Details

Mangoceuticals Announces Up to $100M SOL Treasury Strategy

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
SOL
$125.47-0.75%
Mangoceuticals (NASDAQ: MGRX) announced a $100M Solana (SOL) treasury strategy with Cube Group via its new subsidiary Mango DAT, LLC. The initiative includes staking, token launch opportunities, DeFi, and RWA. The company targets 7-8% annualized yield from staking and 8-20% from active management. Funds will be raised through existing shelf registration, including at-the-market equity offerings.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.