Nasdaq-listed Mangoceuticals to invest up to $100M in SOL via new treasury

Nasdaq-listed healthcare company Mangoceuticals has announced plans to strategically invest up to $100 million in SOL through a new Digital Asset Treasury (DAT). To facilitate this, the company has established a subsidiary named Mango DAT. Cube Group, a firm led by a former Solana core developer, will oversee asset custody and strategy management for the new entity. Mangoceuticals also intends to invest in the tokenization of Real World Assets (RWAs), engage in staking and node operations, and adopt stablecoins for its payment and settlement systems.