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Solana Foundation Appoints Rachel Conlan as Chief Strategy Officer and Jamal Raees as General Manager of Payments

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The Solana Foundation named Rachel Conlan as chief strategy officer and Jamal Raees to a payments role. The two announcements were published by two different newsrooms and describe the same pair of hires, with one framing Raees as general manager of payments and the other as leading the payments business.

Key claims & sources

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The Solana Foundation appointed Rachel Conlan as chief strategy officer.
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The Solana Foundation appointed Jamal Raees as general manager of payments.
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The foundation named Rachel Conlan chief strategy officer.
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The foundation also hired Jamal Raees to lead its payments business and expand business use of Solana.

What it means

Users and business partners watching Solana will notice the staffing change immediately, because the foundation has put Rachel Conlan in charge of strategy and Jamal Raees in a payments role. That means the people dealing with Solana’s business direction and payment efforts now have named leads in place.

In practice, the foundation’s strategy and payments responsibilities are now assigned to specific executives instead of being described only in general terms. The basic scope still stays the same: one role is about strategy, and the other is about payments and business use of Solana.

Market reaction i

SolanaSOL the event is about this asset
first headline
— 2 h before
+0.2% 4 h after
$116.96price at publication
6data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

Has this happened before?

WhenWhat happenedFigure
44 days ago ZetaChain votes to shut down Layer 1 network and move ZETA to Solana event 1 actors in common · 3 news media