Mentioned:
One of the few publicly traded companies focused exclusively on Solana might be coming to the Nasdaq next.
What’s happening:
- SOL Global Investments (CSE: SOL) has officially announced their intention to list on the Nasdaq and complete an IPO in the United States
Why it matters:
- Bringing exposure to Solana into traditional public markets has been coming into focus lately, with more and more major asset management companies beginning to file to launch Solana ETFs both in the United States and globally
Going deeper:
- American investment bank Joseph Gunnar will lead the eventual financing round and additional listing requirements to bring SOL Global Investments onto the Nasdaq
- SOL Global Investments has been continuing to accumulate Solana to hold directly as an asset, as well as raising fresh capital to deepen their bet on the Solana ecosystem as a whole