SOL Strategies: The First Solana Treasury Company Listed On Nasdaq
In a landmark growth for the Solana (SOL) ecosystem, SOL Strategies has obtained approval for its itemizing on the Nasdaq, marking a major milestone as the primary treasury firm related to SOL to realize this standing. The firm is about to start buying and selling beneath the ticker image “STKE” on September 9, 2025.
SOL Strategies Set To Make Nasdaq Debut
Upon its Nasdaq debut, SOL Strategies will proceed to keep up its presence on the Canadian Securities Exchange (CSE) beneath the image “HODL.” Notably, shares at present buying and selling on the OTCQB Venture Market beneath the image “CYFRF” will routinely convert to the Nasdaq itemizing.
The itemizing is contingent upon assembly all regulatory necessities, together with the approval of the Company’s Form 40-F Registration Statement by the United States Securities and Exchange Commission (SEC).
Leah Wald, CEO of SOL Strategies, expressed enthusiasm concerning the Nasdaq itemizing, stating that it aligns the corporate with among the most revolutionary know-how corporations globally.
She emphasised that this approval not solely enhances liquidity for shareholders but in addition positions SOL Strategies to draw institutional traders who acknowledge the potential of Solana’s infrastructure. Wald additional acknowledged:
As a number one Solana-focused firm to achieve this milestone, we’re proud to exhibit the institutional high quality and development potential that exists inside this high-performance blockchain ecosystem. Our itemizing opens new pathways for institutional capital to entry Solana infrastructure by regulated and clear markets
SOL Price Surges
The Nasdaq itemizing is anticipated to speed up SOL Strategies’ development in validator operations, pushed by elevated demand for Solana staking. Furthermore, it’s anticipated to strengthen the corporate’s function as a gateway for institutional funding in Solana’s ecosystem.
According to CoinGecko data, SOL Strategies holds 0.68% of the cryptocurrency’s provide, equal to 370,420 SOL tokens. This was reportedly achieved at a complete value of simply over $62 million. This funding has resulted in a yield of $13 million for the corporate; at present costs, it’s now valued at $75 million.
The announcement sparked a brand new leg up for the SOL value, reaching as high as $210 on Friday. As of this writing, the altcoin has retraced again towards $205, that means a 1.2% surge within the 24-hour time-frame.
Featured picture from DALL-E, chart from TradingView.com