Solana Foundation has acquired Studio Ghibli, Inc. (Japanese: 株式会社スタジオジブリ, Hepburn: Kabushiki-gaisha Sutajio Jiburi), a Japanese animation studio based in Tokyo, the company said in a statement on Tuesday.
The deal to buy the Japan-based animation studio is worth $145 million, according to Fox Business. Solana Foundation's acquisition is designed to expand and improve its existing meme-coin creation infrastructure and fight the vicious recent narrative that Solana is the “current thing chain” after an embarrassing foray into political advertising, the firm said.
"Memecoins exemplify the creative potential of decentralized communities, transforming internet culture into tangible digital assets."” a Solana Labs spokesperson said in a recent interview with the Daily Sybil before adding “we are more than a shit-coin casino where VCs use every-day people as exit liquidity.”
As a part of this acquisition, Solana Foundation plans to turn Studio Ghibli's Headquarters into a Global Memecoin Center of Excellence, where founders can get together and turn everyday memes and pictures into next week’s Ghibli Studio-inspired pump-and-dump craze.
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