Solana News Today: SOLAI Rebrands to Drive AI-Blockchain Convergence in Digital Transactions


BIT Mining Limited, a technology-driven cryptocurrency infrastructure company, has rebranded to SOLAI Limited and transitioned its New York Stock Exchange ticker symbol from BTCM to SLAI, effective October 20, 2025 [1]. The rebranding, approved by shareholders at an extraordinary general meeting on October 9, 2025, marks a strategic shift from traditional crypto mining to a technology enterprise focused on the convergence of artificial intelligence (AI) and blockchain infrastructure [2].
Chairman Bo Yu emphasized that the transition reflects the company's commitment to leveraging intelligent systems and decentralized infrastructure to enable "faster, safer, and more efficient exchange of information and value" [3]. SOLAI Limited aims to develop blockchain-based ecosystems spanning AI, stablecoins, payment infrastructure, and SolanaSOL-- treasury and staking operations. These initiatives are designed to support use cases in institutional settlement, commerce, consumer payments, and AI-native agent transactions [4].
The rebranding aligns with growing industry trends emphasizing the integration of AI and blockchain to enhance transactional efficiency and security. By building scalable platforms for both human and autonomous participants, SOLAI seeks to expand participation across Solana and other blockchain ecosystems while fostering trusted interactions between businesses and users [5]. The company's prior expertise in crypto mining and data infrastructure will underpin its new focus areas, including Solana treasury operations, which it has expanded through acquisitions of SOLSOL-- tokens .
Shareholders approved the name change by a special resolution at the October 9 meeting, with American Depositary Shares expected to trade under the new name and ticker symbol starting October 20. The rebranding follows the company's earlier announcement of a $300 million ecosystem strategy, including validator node deployments on Solana .
SOLAI Limited's strategic pivot positions it to capitalize on the intersection of AI and blockchain innovation. The company's expanded focus on AI-native agent transactions and decentralized finance (DeFi) reflects broader market demand for integrating advanced analytics, fraud detection, and automated trading within blockchain frameworks .
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