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ORCA Orca与Loopscale合并成立Formation，Luke Truitt出任CEO
Formation整合了交易、借贷、金库及资产分发基础设施。该公司旨在为人工智能（AI）、能源、机器人和国防领域提供融资支持。
Orca与Loopscale已合并为新公司Formation，共同构建Solana生态系统的交易、借贷和金库基础设施。此次合并让Loopscale联合创始人Luke Truitt担任Formation的首席执行官（CEO）。
据相关消息显示，该集团计划服务于新兴资产，涵盖从发行到融资再到二级市场流动性的全过程。同时，其目标客户群体也扩展到人工智能、能源、机器人技术和国防领域的资本需求。
合并整合交易与信贷基础设施
Orca与Loopscale的合并将两个拥有互补产品的成熟Solana协议结合在一起。自2021年推出以来，Orca的交易量已超过5500亿美元。Loopscale则报告称，其存款超过1.5亿美元，促成的贷款规模超过20亿美元。
Orca自2021年以来一直是Solana的首选流动性层，累计交易量逾5000亿美元。而Loopscale自2025年4月以来已促成超过20亿美元的贷款。两者的结合标志着两大DeFi团队正式合二为一。
Formation will leverage Orca for trading and liquidity management and add Loopscale's credit and investment vault capabilities. The company said this structure helps issuers transition assets smoothly from the creation phase to the financing and distribution phase. Both agreements will continue to support ORCA and xORCA token networks.
In addition, this merger is also based on Orca's increasing emphasis on tokenized finance. In August this year, Orca joined the tokenized Korean government bond fund project involving Shinhan Asset Management and other institutions. Currently, Formation has cooperated with Figure, Superstate, R3, Securitize and Shinhan Asset Management.
Targeting the growth of AI, energy, robots and tokenized assets
Formation plans to move beyond crypto-native transactions and into the financing field of capital-intensive industries. The combination of Orca and Loopscale gives the company trading, credit and treasury tools in a single operating structure. Management pointed out that in traditional markets, small transactions often face high legal, underwriting and distribution costs.
Over the next 12 months, Formation plans to launch new tools for issuers and add additional capital allocation strategies. As its product range expands, the company also hopes to gain access to regulated U.S. capital markets. Apollo estimates that AI infrastructure alone may require nearly $3 trillion in investment before 2028.
Specific financial terms regarding Orca's merger with Loopscale have not been disclosed. Luke Truitt will serve as CEO, Mary Gooneratne as COO and Christopher Montagano as head of strategy and legal.
