Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan

Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury of SOL tokens worth up to $300 million to fuel the company’s shift. Bit Mining Allocates Up to $300M for Solana Integration The NYSE-listed cryptocurrency mining company said this move aims to capture opportunities across … Read more

Rex Shares Debuts First Staked Solana ETF in the US

The fund invests in a combination of spot solana, other solana funds, and liquid staking tokens such as the popular JitoSOL. Rex Shares Rolls out First Solana Exchange-Traded Fund (ETF) in the U.S. With Staking ETF provider Rex Shares and crypto investment firm Osprey Funds have launched the first spot solana ( SOL) ETF in … Read more

DeFi Dev Corp. Secures Funding With $112.5M Convertible Note Sale, Aims to Purchase SOL

DeFi Development Corp. priced a $112.5 million private offering of convertible senior notes due 2030, primarily to acquire solana ( SOL) tokens. $112.5M Offering Prices for DeFi Dev Corp. Convertible Notes The 5.5% notes, sold to qualified institutional buyers, carry an initial conversion price of $23.11 per share. According to the firm’s release, this represents … Read more

Tokenized Stocks Now Available on Bybit, Kraken, and Solana DeFi

Backed Finance has announced the launch of xStocks, a new platform offering over 60 tokenized stocks, now live on Bybit, Kraken, and Solana DeFi. This initiative aims to bridge the gap between traditional finance and decentralized finance (DeFi), allowing users to trade well-known equities such as Apple, Amazon, and Microsoft in a blockchain environment. The … Read more

First US Crypto Staking ETF Set to Launch Wednesday With SOL Yield Exposure

A regulated crypto staking ETF is set to debut in the U.S., unlocking yield potential and paving the way for a new era of compliant digital asset investing. New ETF Combines SOL Exposure With Staking Income in Regulated Structure A yield-bearing crypto investment vehicle is about to make its debut in the regulated U.S. market, … Read more

SOL Strategies Reveals Solana Strategic Ecosystem Reserve Initiative

SOL Strategies, which has already invested millions as part of its strategic reserve strategy, will now also include decentralized, Solana-focused projects as part of this new push to support the wider Solana ecosystem and benefit from its growth. SOL Strategies Kickstarts Solana Strategic Ecosystem Reserve, Acquires Jito Tokens SOL Strategies, a Canada-based company that has … Read more

Solana Partners With Kazakhstan to Launch Economic Zone

The Solana Foundation has achieved a milestone by signing a Memorandum of Understanding with the Government of Kazakhstan, marking the first partnership of its kind in Central Asia. The initiative aims to establish a blockchain hub in the country, leveraging Web3 technologies and attracting top talent. Solana Foundation Signs MOU With Kazakhstan, Launches Economic Zone … Read more

Everything Blockchain Commits $10M to Multi-Token Crypto Treasury Including SOL, XRP, SUI, TAO and HYPE

Everything Blockchain Inc. unveils a $10 million crypto treasury initiative targeting SOL, XRP, SUI, TAO, and HYPE, marking the first U.S. public company to pursue a diversified, staking-based blockchain investment strategy with potential shareholder dividends. Multi-Token Crypto Treasury Plan by EBZT Comes With Potential Shareholder Dividends Everything Blockchain Inc. (OTC: EBZT) has revealed plans to … Read more

Fidelity Files S-1 With SEC, Aiming to Launch Spot Solana ETF

Fidelity Investments is officially seeking the green light to launch an exchange-traded fund (ETF) that would hold solana ( SOL) directly. S-1 in Play: Fidelity Takes Aim at Solana With ETF Proposal On June 13, 2025, the firm submitted its S-1 registration statement to the U.S. Securities and Exchange Commission (SEC). The proposed “Fidelity Solana … Read more

DeFi Development Corp. Secures $5 Billion Equity to Boost Solana-Focused Strategy

DeFi Development Corp. has announced a $5 billion equity line of credit to strengthen its Solana-focused treasury and accelerate its SOL per share growth strategy, marking a major commitment to the expanding Solana ecosystem. $5 Billion Equity Line to Drive DeFi Dev Corp’s Solana Accumulation DeFi Development Corp. (Nasdaq: DFDV), the first publicly listed U.S. … Read more