SOL Methods Takes Wall Road: First SOL-Targeted Agency Wins Nasdaq Itemizing Approval

SOL Methods Inc., a Canadian firm devoted to investing in and offering infrastructure for the Solana blockchain, has secured approval to checklist its frequent shares on the Nasdaq World Choose Market.

The corporate confirmed the information this week, marking it as the primary Solana-focused public agency to attain a U.S. itemizing.

Buying and selling is scheduled to start on September 9, 2025, beneath the ticker image STKE. Till then, the corporate’s shares will proceed to commerce on the Canadian Securities Trade beneath the image HODL.

As soon as Nasdaq buying and selling begins, its inventory will not seem on the OTCQB Enterprise Market, the place it at present trades beneath the image CYFRF. Shareholders on the OTCQB don’t have to take motion, as their holdings will routinely convert to the Nasdaq itemizing.

SOL Methods to Start Nasdaq Buying and selling Below ‘STKE’ on September 9

The itemizing, nonetheless topic to the corporate’s Kind 40-F registration assertion turning into efficient with the U.S. Securities and Trade Fee, represents a milestone in bringing Solana-focused infrastructure to regulated American capital markets.

Chief Government Officer Leah Wald described the approval as validation not only for the corporate however for Solana’s broader ecosystem.

“Becoming a member of Nasdaq aligns us with the world’s most revolutionary know-how firms and positions us to draw the institutional buyers who acknowledge the transformative potential of Solana’s infrastructure,” Wald stated.

She added that the itemizing would give shareholders higher liquidity and supply the corporate with entry to deeper capital markets because it scales validator operations and expands investments.

The approval follows a collection of strikes by SOL Methods to align with Nasdaq necessities. In July, the corporate consolidated its shares on a one-for-eight foundation, lowering its whole excellent shares from greater than 176 million to about 22 million.

The consolidation was designed to fulfill Nasdaq’s minimal bid value necessities and resulted in proportionate changes to the agency’s inventory choices, warrants, and convertible securities.

SOL Methods rebranded from Cypherpunk Holdings in September 2024, shifting its focus totally to Solana, a blockchain recognized for prime transaction speeds and low prices.

Since then, the agency has intensified its Solana acquisition technique, reporting 254,380 SOL staked by mid-2025, roughly half of which got here from third-party delegators.

By June 2025, filings revealed that the corporate held over 420,000 SOL, positioning it as one of many extra outstanding institutional holders of Solana’s native token.

Nasdaq Approval Strengthens SOL Methods’ Position in Solana’s Institutional Development

The corporate at present has 22 million frequent shares excellent, alongside 12 million warrants and 5.3 million inventory choices. Following the consolidation, the capital construction stays energetic, with potential for additional enlargement as investor demand grows beneath a U.S. itemizing.

As a Canadian-domiciled agency, SOL Methods qualifies as a “overseas personal issuer” beneath SEC guidelines. This standing exempts it from sure U.S. regulatory necessities, comparable to proxy solicitation guidelines and Part 16 filings.

The corporate plans to proceed working beneath Canadian governance requirements, which don’t require a majority of unbiased administrators or separate nominating and compensation committees.

The Nasdaq debut is anticipated to speed up validator development by way of institutional partnerships, improve operational scalability as demand for Solana staking rises, and strengthen the corporate’s place as an institutional gateway to the Solana ecosystem.

SOL Methods first filed its Nasdaq utility in December 2024, submitting a registration assertion with the SEC. The Itemizing {Qualifications} Division of Nasdaq then started reviewing the appliance for compliance with change requirements.

The corporate framed the appliance as a key step in attracting institutional capital and broadening its attain into U.S. markets.

With approval now secured, the corporate is about to open buying and selling on one of many world’s most outstanding exchanges, providing U.S. buyers regulated publicity to Solana infrastructure for the primary time.

SOL Methods Emerges as Key Gateway for Institutional Solana Holdings

SOL Methods reported a milestone in August with over C$1 billion price of Solana delegated to its validators.

As of Aug. 31, the corporate managed 3.62 million SOL beneath delegation, together with 402,623 SOL from its personal treasury, valued at about C$111.7 million.

A report 8,812 distinctive wallets at the moment are staking with the agency, exhibiting rising retail and institutional participation in its validator operations.

CEO Leah Wald stated the achievement displays “the growing scale of our operations and confidence in Solana’s ecosystem.”

The corporate additionally superior open-source failover know-how and is collaborating in upcoming Solana upgrades, together with SIMD-326 (Alpenglow consensus) and the Block Public sale Market.

Partnership development remained central. The corporate’s white-label validator service for Solana Cell’s Seeker gadget attracted greater than 3,200 wallets inside a month of launch, regardless of gadgets not but reaching many of the 150,000 pre-order clients.

In the meantime, Cathie Wooden’s ARK Make investments moved 3.6 million SOL, price roughly C$888 million, to SOL Methods’ infrastructure in July, calling it a validation of the agency’s institutional capabilities.

Elsewhere, main gamers are committing billions towards Solana reserves. Galaxy Digital, Soar Crypto, and Multicoin Capital are reportedly elevating $1 billion to determine a company treasury car, whereas Sharps Know-how introduced a $400 million financing to construct what it described because the world’s largest Solana treasury.

DeFi Improvement Corp. has additionally doubled its holdings to greater than 2 million SOL following current purchases.

The developments place SOL Methods as one of many main institutional gateways to Solana, with 8.887 million SOL now held by way of public entities, representing almost 1.55% of the token’s circulating provide.

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