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SOL Global Raises Fresh Cash For More Solana

January 25, 2025
x min read
SOL Global Investments
Mentioned:

A publicly traded company has just raised more capital to deepen their bet on Solana. But, why?

What’s happening:

  • SOL Global Investments (CSE: SOL) has raised $4M CAD through a convertible debenture financing round

Why it matters:

  • SOL Global Investments is one of the few publicly traded companies in North America that is focused on holding Solana directly as an asset, as well as staking Solana to generate a yield

By the numbers:

  • Currently, SOL Global Investments owns 17,683 Solana tokens
  • SOL Global Investments has publicly stated that 75% of their latest financing round will go directly into purchasing more Solana

Going deeper:

The intrigue:

Disclaimer

The New Money provides background information on early stage companies from publicly available sources. The New Money provides no advice on dealing in securities, is not a financial adviser and does not pretend to be so. This message is meant for information and educational purposes only. The information contained in this email is not to be considered factual or complete. Anybody interested in obtaining financial and other information on companies mentioned is advised to get it direct from the companies, or from their own investment adviser. The New Money does not intend for this information to be used to inform an investment decision. The New Money has been compensated by SOL Global Investments for a media campaign, which affects our ability to be unbiased. The Principals of The New Money may buy or sell shares of SOL Global Investments without further notice. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. The New Money and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy or Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.

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