In brief
- SOL Strategies is a Solana infrastructure firm that manages validators and runs a SOL treasury.
- The firm’s CEO Leah Wald sees it as an “underdog” when compared to others, but calls that an “advantage.”
- Shares in the firm went live for trading on the Nasdaq last week.
Solana infrastructure and treasury firm SOL Strategies sees itself as an underdog in an increasingly crowded market of publicly traded crypto businesses and digital asset treasuries—but it doesn’t mind.
Shares in the Canadian-based venture went live for trading on the Nasdaq Exchange on Tuesday, increasing its exposure to investors beyond the Canadian Stock Exchange and OTC markets where it previously traded.
Though shares finished the trading day up 7.5% to $7.37 on Friday, they ended the week down 43% from the debut.
“I do see us as an underdog,” SOL Strategies CEO Leah Wald told Decrypt. “We are a tiny technology company out there in a sea of technology companies.”
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Author: Logan Hitchcock
