Sol strategies (Hodl)A digital asset company listed in Toronto focused on Solana blockchain, has obtained approval to list its ordinary actions on the world Nasdaq market.
Trading will start on September 9 under the Ticker Stke, the company announced on Friday.
The shares will continue to negotiate on the Canadian securities scholarship (CSE) Under Hodl, but will be struck off from the United States over the counter (OTC) Market, where they previously negotiated as a cyfrF. Owls of over -the -counter action do not need to take measures, because their actions will automatically convert to Nasdaq registration.
The Hodl action is 8% higher in Toronto’s action.
This decision marks an important step for the Canadian company, formerly known as Cypherpunk Holdings, which has renamed its Solana strategy.
STRETEGIES SOL has started to buy Solana In the second quarter of last year following a strategic pivot. As of August 31, the company held 435,064 ground tokens, worth around $ 122 million CAD.
The company said that membership in NASDAQ would increase its visibility with institutional investors, will improve liquidity and expand access to capital markets.
“This announcement provides our shareholders with improved liquidity while giving us access to deeper capital markets while we continue to set up our validator operations and to expand our ecosystem investments,” said CEO Leah Wald. It is also a “validation for the entire Solana ecosystem”.
STRETEGIES STREGE is positioned as a leading institutional gateway in Solana’s development and infrastructure.
The firm said it expects the NASDAQ’s list to accelerate the validator’s growth, supports operational scalability as Solana’s stimulation demand increases and strengthens its role in the bringing institutional capital to the network.
Find out more: STRETEGIES Files to list on NASDAQ
