Solana-focused Sol Strategies attracts institutional capital | 2025-01-09 | Investing News

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  • Sol Strategies (CSE:HODL), a crypto stock focused on investing in the Solana blockchain, will undertake a C$27.5 million private placement with ParaFi Capital, a global blockchain investment firm
  • ParaFi has over US$1 billion in assets under management
  • Sol Strategies is a publicly traded Canadian company investing in, supporting and providing infrastructure for the Solana blockchain and ecosystem
  • HODL stock has added almost 1,700 per cent since the company’s Solana-based rebranding announced in September 2024

Sol Strategies (CSE:HODL), a crypto stock focused on investing in the Solana blockchain, will undertake a C$27.5 million private placement with ParaFi Capital, a global blockchain investment firm.

ParaFi, founded in 2018, operates hedge fund and venture capital strategies with mandates focused on digital assets. The company is a trusted partner to leading institutions active in the…

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