SOL Global Investments continues to make more bets on the future of Solana.
What’s happening:
- SOL Global Investments (CSE: SOL) has announced they have acquired an additional 9,716 Solana tokens to hold directly as an asset
By the numbers:
- SOL Global Investments purchased the new Solana tokens at an average cost of $145 USD per token
- Currently, SOL Global Investments now holds a total of 40,350 Solana tokens
Why it matters:
- SOL Global Investments is quickly becoming one of the largest holders of Solana amongst publicly listed companies in North America, fuelled in large part by multiple successful equity financing rounds
Going deeper:
- The traditional public markets have been continuing to embrace Solana as a digital asset, including CME Group just recently announcing they plan to launch Solana futures imminently
