Why Tokenizing Our Stock Would Unlock a New Era for SOL Strategies

As we work toward cross-listing to Nasdaq, we’re also exploring another potential path: the possibility of making public company shares accessible on blockchain networks. At SOL Strategies, we’re evaluating how this emerging technology might transform how securities are held, traded, and accessed globally.

What Tokenization Means

Tokenization would mean creating a digital representation of a share that can be held and traded on a blockchain. In our case, each token would be a 1:1 digital representation of a common share in SOL Strategies, Inc. — administered by Superstate, a SEC-registered transfer agent. The tokens will live on the Solana blockchain and can be held in any KYC-verified cryptocurrency wallet.

This would not be a separate asset class or derivative. It would be your actual share, just on-chain, in your wallet, with all the same rights as a shareholder.

How Shareholders Could Participate

If and when tokenization occurs, current shareholders (other than those in Canada) could opt into tokenizing their stock. This process is simple and goes both ways:

• Opt-in: Shareholders complete KYC via Superstate and request that some or all of their shares be tokenized.
• Transferable: At any time, tokenized shares can be transferred back to the traditional format — no lockups, no dilution, and no loss of rights.
• Secure and Audited: The token is managed by Superstate, ensuring full security, auditability, and compliance.

It’s a flexible system designed to give shareholders more freedom — not more friction.

Why This Matters

The potential of tokenizing our stock creates real advantages for shareholders and for SOL Strategies as a company.

1. Global, Inclusive Access

Global investors, especially in emerging markets, often face hurdles in accessing U.S. and Canadian markets. Tokenization solves that. Investors who complete KYC can buy, hold and sell our tokenized shares, without needing a brokerage account or local market access.

2. 24/7 Trading Across Three Venues

With our shares available on the Canadian Securities Exchange, the Nasdaq stock market (upon cross-listing), and hopefully soon as tokens on Solana, we create a unique tri-venue structure. This allows for:

• Around-the-clock trading on Solana
• Daytime institutional access via the Nasdaq
• Regional access through the CSE

This multilayered access allows us to serve every type of investor — retail or institutional, local or global.

3. DeFi Collateral & On-Chain Utility

Tokenized shares open the door to new DeFi use cases. Investors can potentially borrow against their holdings, use them as on-chain collateral, or integrate with financial protocols — all in a compliant way. This gives the stock real-world utility in a digital economy.

4. Lower Fees, Smaller Entry Points

Traditional brokerages often charge high commissions that make small trades inefficient. On-chain trades on Solana come with extremely low fees, meaning investors can buy even a single share without paying a premium in transaction costs.

5. Liquidity and Arbitrage

With the same stock hypothetically trading across multiple traditional exchanges and the blockchain, market makers can arbitrage price differences in real time. This activity boosts liquidity, improves price efficiency, and brings more volume into our markets.

A Smarter, More Accessible Market

We believe tokenization isn’t just the future — it’s the more intelligent version of today’s markets. It brings transparency, lowers barriers, and gives every shareholder more control.

At SOL Strategies, we’re not waiting for that future to arrive. We’re building it — today.

Next Steps

This exploration is in its early stages. We’re working with regulators and partners to understand how tokenization might be implemented in a compliant way that benefits our shareholders. We’ll provide updates as our evaluation progresses.

Cautionary Statement

This blog post is for informational purposes only. At this stage, no shares of SOL Strategies Inc. are being tokenized, and there is no timeline towards converting existing equity into tokenized form. The Company is evaluating this opportunity through a measured, compliance-driven process with no immediate impact on shareholders or operations. This initiative does not represent a change in listing status nor require any action from current shareholders. No timeline has been set, as the process is subject to ongoing regulatory developments. The effort reflects SOL Strategies’ commitment to expanding investor access through blockchain-based infrastructure while maintaining its current public listings. Sol Strategies Inc. has not yet engaged with securities regulators or the Canadian Securities Exchange (CSE) regarding this initiative. As such, the company cautions that the contents of this blog post remains exploratory in nature and may be considered promotional if interpreted otherwise. There are no financial commitments associated with the agreement. The Company will provide updates as the initiative progresses, but there is no guarantee it will move beyond the exploration stage.