Strategic Acquisition of Laine
Sol Strategies acquired Laine, a respected validator operation in the Solana ecosystem, increasing total staked assets by 113% from 1.57 million SOL to 3.39 million SOL.
Institutional Partnerships and Growth
Sol Strategies expanded its validator infrastructure and secured partnerships with BitGo and DigitalX, increasing its credibility and reach in the institutional market.
Significant Capital Commitments
The company secured over US$525 million in capital commitments, with a US$1 billion base shelf prospectus for potential future capital raising.
Certification and Compliance Achievements
Completed SOC 1 and SOC 2 Type 1 audits, alongside ISO 27001 certification, enhancing institutional trust and compliance standards.
Launch of Orangefin Mobile App
Introduced the first dedicated mobile app for native Solana staking, facilitating nearly US$0.5 million in staking inflows since launch.
Positive Adjusted EBITDA
Generated adjusted EBITDA of $714,000 for the quarter, demonstrating financial stability and operational efficiency.