
The Solana Foundation has appointed Rachel Conlan as chief strategy officer as it strengthens its focus on institutional engagement. Conlan previously served as Binance’s global chief marketing officer. The foundation has also recruited Jamal Raees from Polygon Labs to lead payments. Both executives join Solana from other crypto-industry organizations, according to Decrypt. The appointments expand the foundation’s senior leadership as it works to advance its institutional and payments efforts. The moves are relevant to the Solana ecosystem and to companies and networks connected with Binance and Polygon, including SOL, BNB, MATIC and POL. No financial terms or additional details about the executives’ mandates were provided in the source material.