【Market Brief】A major integration has emerged from the Solana ecosystem: the well-known decentralized exchange platform Orca and the lending platform Loopscale have announced a merger. The combined entity will operate under a new brand called Formation. The new company is registered in New York and plans to provide financing for entities’ real-world assets such as AI, energy, robotics, and defense, with plans to expand into regulated U.S. markets in the future. After the merger, both sides will integrate DeFi resources and take a key step toward compliance-oriented operations—also reflecting how the Solana ecosystem is accelerating its shift toward institutional-grade finance.#Solana #DeFi $SOL
(Source: Decrypt)
⚠️ Risk Warning: The above is for market information sharing only and does not constitute investment advice. Investing involves risk; exercise caution when entering the market.
(Source: Decrypt)
⚠️ Risk Warning: The above is for market information sharing only and does not constitute investment advice. Investing involves risk; exercise caution when entering the market.