Galaxy Digital has reportedly acquired 2.31 million Solana (SOL) tokens, valued at nearly $536 million, according to blockchain data tracked over the past 24 hours. Key Takeaways: Galaxy Digital reportedly acquired 2.31 million SOL worth $536 million via major exchanges. The move follows Galaxy’s $300M investment in Forward Industries’ Solana treasury pivot. Solana’s momentum continues, hitting $236.83 and surpassing BNB in market cap. The tokens were transferred to Galaxy from Binance, Bybit, and ...

About DeFi Development Corp. DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve on the balance sheet will be allocated to Solana (SOL). In adopting its new treasury policy, the Company intends to provide investors a way to access the Solana ecosystem. The Company's treasury policy is expected to provide investors economic exposure to SOL investment. BOCA RATON, FL, May 06, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV ...

Core Insights - Mercurity Fintech Holding Inc. has been appointed as a strategic digital asset advisor for Classover Holdings Inc. to guide its new Solana-based treasury initiative [1][2] - Classover plans to allocate a significant portion of its proceeds towards acquiring, staking, and holding Solana (SOL) tokens as a core corporate reserve asset [2] - The partnership aims to position Classover at the forefront of institutional blockchain adoption, enhancing its financial foundation and creating long-term value for shareholders [2] Company Overview - Mercurity Fintech Holding Inc. is a digital fintech company focused on delivering innovative financial solutions while adhering to compliance and operational efficiency principles [3] - Chaince Securities, LLC is a FINRA-registered broker-dealer specializing in equity capital markets, investment banking, and asset management, with a commitment to building long-term client relationships [5] - Classover Holdings Inc. is a leader in educational technology, offering live online courses for K-12 students and focusing on personalized instruction and innovative course design [6][7] Strategic Initiatives - Classover's treasury strategy includes structuring and deploying a Solana-based treasury framework and supporting validator node operations to optimize staking rewards [6] - Chaince Securities will provide comprehensive digital asset services, including risk management and evaluating strategic blockchain partnerships [6] - The partnership is seen as a significant step for traditional companies adopting crypto treasury strategies, indicating a shift in corporate finance practices [2]