Bitcoin price today: falls to 2-week low below $113k ahead of Fed Jackson Hole
Investing.com -- Aurora Mobile Limited (NASDAQ:JG) stock gained 3.2% after the Chinese customer engagement technology provider announced it is evaluating the integration of Solana blockchain as part of its cryptocurrency treasury strategy.
The company revealed that its Board of Directors approved a cryptocurrency treasury strategy in June 2025, with Solana potentially becoming a cornerstone of this initiative. Aurora Mobile cited Solana’s speed and low transaction costs as key factors that address critical needs for its app developer and exchange clients.
"Our potential Solana-focused strategy is rooted in long-term vision rather than speculation," said Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile. "Solana’s speed and low costs solve critical pain points for our app developer and exchange clients."
The company believes the prospective investment aligns with its goal to connect mobile ecosystems with blockchain innovation. Aurora Mobile also expressed confidence in Solana’s growing institutional adoption, describing it as a top-tier Layer 1 blockchain that has demonstrated resilience and innovation.
The Chinese tech firm views the potential Solana integration as both a strategic hedge against inflation and a vehicle for treasury diversification, reflecting its commitment to blockchain technology as part of its long-term business strategy.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.