SOL Global Investments is making yet another bet on the future of Solana.
What’s happening:
- SOL Global Investments (CSE: SOL, OTC: SOLCF) has announced they have entered into a purchase agreement to acquire 12,828 Solana tokens as part of a private transaction
By the numbers:
- SOL Global Investments is purchasing the new Solana tokens at a set price of $192 USD, which represents a significant discount to current prices of Solana
- Following the new acquisition, SOL Global Investments will hold a total of 30,601 Solana tokens
Why it matters:
- The Solana ecosystem continues to grow explosively, with both record breaking trading volumes and fee generation happening on the Solana blockchain of late
Going deeper:
- SOL Global Investments has also been making other bets recently on the Solana ecosystem, including a notable new investment into MCQ Markets which is bringing collectible luxury cars onto the Solana blockchain to enable fractional ownership
