Solana firms make moves on staking, treasury and compliance

Date: 2025-05-29

Solana-focused investment firm Sol Strategies filed a preliminary base shelf prospectus for up to $1 billion, as DeFi Development Corp. revealed it will adopt liquid-staked SOL for its treasury operations.According to a May 27 Sol Strategies announcement, the publicly traded Canadian Solana investment and infrastructure company “will be permitted to make offerings of common shares” of up to $1 billion, but does not indicate an immediate offering. CEO Leah Wald said the move supports the company’s long-term growth plans.“The filing of a base shelf prospectus supports our growth strategy by providing us with the flexibility to access capital as future opportunities arise in the rapidly evolving Solana ecosystem,” she said.Source: Sol Strategi...

Read Full Article Back to News