Mangoceuticals plans to collaborate with Cube Group to launch a Solana digital asset vault strategy with a maximum of 100 million USD.
PANews, December 19 — According to GlobeNewswire, Nasdaq-listed Mangoceuticals (MGRX) announced a partnership with Cube Group to launch a Solana-focused Digital Asset Treasury (DAT) strategy through its newly established subsidiary Mango DAT, LLC, with plans to raise up to 100 millions USD. This strategy will be deployed within the Solana ecosystem to generate high yields, aiming to deliver non-dilutive returns to shareholders and achieve asset diversification and volatility hedging through the MULTI-DAT framework. The initial strategy targets an annualized staking yield of 7–8%, with active management aiming to increase this to 8–20%.
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