Luxury watchmaker Franck Muller has partnered Solana to launch a limited edition watch, the Franck Muller 41mm Solana.
Blending High Watchmaking With Web3
Swiss luxury watchmaker Franck Muller has partnered with the Solana blockchain to launch a limited edition timepiece. Limited to just 1,111 pieces, the Franck Muller 41mm Solana limited edition watch, retails for $24,360 (20,000 francs.) The unveiling of the watch represents a groundbreaking collaboration that seamlessly blends high watchmaking with the bleeding edge of Web3.
Crafted by Franck Muller’s artisans and drawing inspiration from Solana’s fast blockchain, the watch features a sleek dial distinguished by a unique QR code. This innovative element directly links to the wearer’s personal Solana wallet, elegantly merging traditional craftsmanship with cutting-edge utility.
“This collaboration represents a perfect harmony between timeless design and the dynamic world of Web3,” a representative for Franck Muller stated. “We are thrilled to create a piece that not only exemplifies our dedication to horological excellence but also embraces the spirit of innovation that defines the Solana community.”
Beyond its aesthetic appeal and technological integration, the watch allows owners to unlock a realm of exclusive benefits, including early access to new ventures, curated on-chain experiences, and invitations to private events.
Each of the over 1,100 pieces is individually numbered, with the owner’s Solana wallet address securely and privately embedded within the watch itself. This feature transforms the timepiece into a personal digital hub, where the watch effectively becomes the wearer’s wallet, their keys, and their data.
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XRP Key in SEC Filing as Webus Builds Treasury Engine
XRP roars into the institutional spotlight as Webus unveils a $300 million digital asset framework, unlocking next-level treasury infrastructure with regulatory clarity and elite execution.
Webus Files With SEC to Establish XRP Treasury Engine
Webus International Ltd. (Nasdaq: WETO) disclosed key details of its Delegated Digital-Asset Management Agreement with Samara Alpha Management LLC through a Form 6-K filing submitted to the U.S. Securities and Exchange Commission (SEC) on June 3. The SEC filing also includes the company’s announcements regarding its XRP treasury plan on May 29 and June 2.
The agreement, executed on May 28, grants Samara Alpha discretionary authority over a potential $300 million portfolio of digital assets, principally XRP, pending activation upon the transfer of assets to designated custody wallets. This filing marks a significant step in Webus’s strategic positioning around digital asset treasury infrastructure while affirming regulatory transparency. The company emphasized the institutional rigor of the partnership, stating:
This strategic framework … is designed to provide Webus with institutional-grade infrastructure and expertise for potential future digital asset treasury operations, specifically focused on XRP management.
Webus confirmed that no funds or assets have yet been transferred, and that Samara Alpha’s obligations begin only upon asset delivery. Critically, the agreement also limits exposure: “The aggregate value of the managed assets under this Agreement shall not exceed US$300,000,000 unless otherwise agreed in writing by both parties.”
Custody arrangements will be executed via multi-signature wallets, with Webus retaining key access and Samara Alpha lacking unilateral withdrawal authority. Fee terms include a 2% annual management fee, a 20% performance fee on net profits above a high-water mark, and an 80/20 staking reward split favoring Webus. The contract, governed by New York law, is set for a three-year term following activation and allows termination with cause or notice. By structuring this digital asset initiative through an SEC-registered investment adviser and codifying protections such as custody controls and risk-defined discretion, Webus signals its intention to cautiously enter the digital asset space without compromising institutional governance.
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