Solana Foundation Plans to Establish Local Teams and

Investments in Brazil

According to Foresight News, the Solana Foundation plans to establish local teams and make various investments in multiple Web3 sectors in Brazil this year. The foundation will set up a new team in Brazil and develop applications using Solana's low-cost and scalable features.

The new team is expected to invest over $10 million in different areas such as art, project tokens, and AI.

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