ASX-listed digital asset manager selects SOL Strategies’ validator infrastructure for Solana staking services

Opening Bell, announced today by Superstate, aims to support SEC-registered public equities issued and traded directly on blockchain networks. The platform is designed to extend investor access, enable real-time settlement, and create interoperability with decentralized finance protocols. SOL Strategies is seeking to position itself as the first public issuer to explore this regulated pathway.

Following the announced successful initial USD $20 million closing of its USD $500 million convertible note facility with ATW Partners on May 1, 2025, SOL Strategies has executed on its commitment to deploy proceeds into SOL token acquisitions.

The initial USD $20 million of proceeds represent the first portion of the up to USD $500 million facility with ATW Partners, with proceeds being deployed to purchase SOL tokens to be staked on the Company's validators.

SOL Strategy provided its monthly corporate update for April 2025 and announced the date for its upcoming quarterly financial results.

SOL Strategies today announced it will release its financial results for the second quarter ending March 31, 2025 on Friday, May 30, 2025. The Company will host a webcast and conference call the following Monday, June 2, 2025.

Initial USD $20 Million Tranche; Capital to be Exclusively Allocated to SOL Purchases and Validator Growth

SOL Strategies entered into a definitive agreement with Pudgy Penguins—one of the most recognized brands in crypto, known for its toy line available in over 10,000 retailers, billions of online views, and a highly engaged global community—to launch a dedicated Solana validator.

Leah Wald, CEO, stated, "March represented a significant month for SOL Strategies, marked by our strategic acquisition of Laine's validator network and Stakewiz.com, significantly expanding our validator footprint.

Sol Strategies is pleased to announce that on March 17, 2025, it completed the acquisition of three validators, including the Laine validator, as well as stakewiz.com, as previously disclosed in the Company's March 10, 2025 news release.

Laine is a leader in blockchain infrastructure and validator services, known for its trustworthy reputation, stake weight, reliability, and ecosystem contributions inside the Solana ecosystem.

Toronto, Ontario--(Newsfile Corp. - March 7, 2025) - Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) (formerly Cypherpunk Holdings Inc, "Sol Strategies" or the "Company"), publicly traded Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, has made additional strategic purchases of SOL as part of its ongoing growth initiatives.

CEO Leah Wald stated, "The impressive initial results from our staking and validator operations in the first quarter validate our strategy and reinforce our ability to deliver institutional-grade performance and reliability for institutional players entering the Solana staking market.

Berruga's two decades of traditional finance and ETF expertise and leadership will bolster Sol Strategies' mission to develop the premier institutional Solana Staking platform

Sol Strategies announced it will release its financial results for the first quarter of 2025 on Monday, March 3, 2025, at 4:30 PM EST.