Canadian firm SOL Strategies, a Solana treasury and infrastructure firm, has received approval to list its shares on the Nasdaq under the ticker STKE starting September 9. This move aligns with its goal to attract institutional investors and further grow its Solana validator operations. Currently, SOL Strategies holds 435,064 SOL, valued at approximately $89 million. Shares of the firm surged nearly 20% on the Canadian Stock Exchange the day prior to the announcement. This listing comes as the firm transitions from trading on the OTCQB Venture Market to the more prominent Nasdaq platform, indicating the firm’s strategic growth aspirations in the rapidly evolving blockchain space. As part of their growth strategy, SOL Strategies aims to leverage the increased visibility and investment potential that the Nasdaq listing will provide to enhance their Solana validator operations, which already include more than 3 million staked SOL worth around $741 million.

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