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SOL Strategies, a Toronto-listed integer plus steadfast focused connected Solana, filed with the U.S. Securities and Exchange Commission (SEC) to database connected Nasdaq, arsenic the institution seeks entree to the world's largest economy.
The institution filed a 40-F form, according to a filing connected Wednesday. The 40-F signifier is required from Canadian companies wishing to connection securities successful the U.S. If the institution gets approved by the SEC it volition run nether the ticker STKE, it said.
Getting approved by the SEC would assistance the institution entree to Nasdaq, the world's 2nd largest banal exchange.
Shares of SOL Strategies closed implicit 4% higher connected Wednesday astatine Canadian dollar $2.38.
SOL Strategies has been ramping up its SOL investment. In May, it acquired 122,524 SOL for $18.25 million. Companies that put successful Solana whitethorn payment arsenic the coin is being utilized much successful the fiscal industry, analysts astatine Cantor Fitzgerald said connected Monday.
Read more: Solana Treasury Strategy Better Than ETH, Firms Buying SOL Should Trade astatine Premium: Cantor
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