Publicly listed company Fitell announces inclusion of PUMP in its corporate treasury
ChainCatcher news, according to GlobeNewswire, fitness equipment retailer Fitell Corporation (NASDAQ: FTEL) announced today its plan to include the PUMP token from the Solana ecosystem in the company's treasury. PUMP is the native token of the Pump.fun launch platform and features revenue buyback and token burn mechanisms.
Fitell CEO Sam Lu stated that this move will deepen the company's connection with the Solana community. At the same time, the company will also explore Solana-based blockchain loyalty programs and is considering introducing digital assets such as USDC and Worldcoin.
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