Solana Foundation Strengthens Leadership to Enhance Institutional and Payments Strategy
What happened
On September 24, 2026, the Solana Foundation appointed Rachel Conlan as chief strategy officer and Jamal Raees as general manager of payments.
The Context
- Strategic hires: Conlan and Raees bring extensive experience from Binance and Polygon, respectively, aimed at enhancing Solana's institutional partnerships and payment systems.
- Market momentum: The foundation's focus aligns with a reported $5 trillion in stablecoin volume processed in 2026, indicating a growing demand for blockchain-based financial solutions.
- Ecosystem expansion: Previous partnerships with major firms like Mastercard and ongoing projects with BlackRock highlight Solana's commitment to tokenized finance.
The Number
— This staggering figure represents the stablecoin volume processed on Solana in 2026, underscoring the network's increasing relevance in the financial landscape.
Takeaway
As Solana ramps up its institutional and payments strategy, expect further innovations that could redefine how businesses engage with blockchain technology.
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Solana Foundation hires Binance, Polygon veterans for institutional push
The Solana Foundation has appointed Rachel Conlan, a former executive from Binance, as chief strategy officer, and Jamal Raees, a veteran from Polygon Labs, as general manager of payments. This strategic hiring aims to bolster the foundation's instit...
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Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expand
The Solana Foundation has appointed Rachel Conlan as the new head of institutional partnerships and ecosystem growth, alongside Jamal Raees, who will focus on stablecoins and tokenized deposits. This strategic hiring comes as the foundation expands i...
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Solana Foundation hires Binance, Polygon veterans as it ramps up tokenized finance push
The Solana Foundation has appointed Rachel Conlan and Jamal Raees, both veterans from Binance and Polygon, to enhance its focus on tokenized finance and institutional partnerships. This strategic move aims to attract institutions looking to transitio...