Canadian blockchain firm SOL Methods is about to debut on Nasdaq subsequent week after securing approval to listing its shares.
In a Friday discover, SOL Methods stated it could start itemizing widespread shares on the Nasdaq International Choose Market beginning on Sept. 9 beneath the ticker image STKE.
The itemizing will finish of the corporate’s shares buying and selling on the over-the-counter enterprise market OTCQB, whereas sustaining buying and selling exercise on the Canadian Securities Trade.
“This itemizing gives our shareholders with enhanced liquidity whereas giving us entry to deeper capital markets as we proceed scaling our validator operations and increasing our ecosystem investments,” stated SOL Methods CEO Leah Wald.
The corporate gives merchants publicity to the Solana blockchain by way of staking the protocol’s ative token, Solana (SOL). SOL Methods introduced elevating $500 million in convertible notes in April to purchase SOL tokens.
SOL Methods’ share worth on the Canadian Securities Trade beneath the ticker image HODL surged about 20% on Friday amid the Nasdaq announcement. The corporate reported a internet lack of about $3.5 million for the second quarter of 2025.
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Among the many firms betting on SOL treasuries is DeFi Improvement Corp. On Friday, it introduced a contemporary acquisition of SOL tokens value $39.76 million, bringing the corporate’s whole holdings to 2 million SOL.
Solana upgrading to Alpenglow after governance course of
On Tuesday, Solana introduced that an awesome majority of a 52% stake collaborating within the governance course of voted to improve the community to the consensus protocol Alpenglow. The improve is anticipated to considerably scale back the transaction finality on the community.
“At these speeds, Solana might understand Web2-level responsiveness with L1 finality, unlocking new use circumstances that require each velocity and cryptographic certainty,” the Solana Basis stated in a weblog submit.
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