Shanghai Solana Enterprise Management Co., Ltd. was registered in June with a capital of 5 million yuan, listing Solana China co-head Claire Du as legal representative. In August, the entity established a joint venture, Shanghai Yaokun Qiusuo Digital Technology Co., Ltd., holding a 45% stake with 10 million yuan in registered capital. Solana Foundation China co-head Even Jiang serves as chairman of the JV, while Du holds a director position; business scope includes technology development and conference services.\n\nThe registration follows recent announcements by Solana team members regarding the opening of a Shanghai office. However, corporate records indicate these entities are solely owned or jointly funded by natural persons, with no equity links establishing a direct statutory relationship to Solana Blockchain, Solana Labs, or the SOL token.
Solana China Head Registers Shanghai Entity as Local Office Announcement Draws Scrutiny
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