Mercer Park Plans $300M Cube Merger, $500M Solana Treasury Creation

Mercer Park Opportunities Corp., a Canadian special purpose acquisition company, is set to acquire Cube Group, a digital asset platform, in a $300 million deal that will create a publicly listed company focused on bridging traditional finance and decentralized finance. As part of the merger, the new entity, to be named Cube Exchange Inc., plans to purchase $500 million worth of Solana (SOL) tokens to form a treasury aimed at enhancing liquidity, yield generation through staking, and long-term value creation. The merger, pending regulatory approval from the Toronto Stock Exchange and subject to Cube's audit completion, is expected to close in the first quarter of 2026, with plans for a dual listing on NASDAQ. Cube Group, founded by a Solana core developer, offers hybrid digital finance services including spot trading, custody, and loan products, and aims to expand into asset management and corporate treasury services. Analysts view this merger as a significant step in merging traditional finance expertise with blockchain innovation, potentially boosting Solana's market dynamics and attracting institutional and retail investors. The strategic Solana treasury, with anticipated staking yields of 7-9% annually, underscores the combined company's commitment to leveraging emerging blockchain ecosystems for optimized asset management and sustainable revenue generation.