In brief

  • SOL Strategies received approval to list its common shares on the Nasdaq Exchange.
  • The firm intends to trade under ticker STKE starting on September 9.
  • Shares of the firm were up nearly 20% on the Canadian Stock Exchange on Friday.

Publicly traded Solana treasury and infrastructure company SOL Strategies received approval to list its common shares on the American-based Nasdaq Exchange, the firm announced on Friday. 

The Canadian firm expects to begin trading on the Nasdaq on September 9 with the ticker STKE. It will continue trading on the Canadian Securities Exchange as HODL, but no longer trade on the OTCQB Venture Market. OCTQB shareholders will automatically have their shares converted to the Nasdaq listing. 

“For SOL Strategies, the listing opens up deeper capital markets, greater institutional visibility, and new partnership opportunities that simply aren’t accessible on other exchanges,” SOL Strategies President and CEO Leah Wald told Decrypt. “For shareholders, it brings enhanced liquidity, broader investor participation, and the credibility that comes with being in Nasdaq’s orbit. We are expanding access and creating a stronger platform for shareholders with real long-term value.”

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Author: Logan Hitchcock

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