Solana firms make moves on staking, treasury and compliance

Solana-focused investment firm Sol Strategies has filed a preliminary base shelf prospectus for up to $1 billion, as DeFi Development Corp. revealed it will adopt liquid-staked SOL for its treasury operations. According to a May 27 Sol Strategies announcement, the publicly-traded Canadian Solana investment and infrastructure firm “will be permitted to make offerings of common shares” of up to $1 billion, but does not indicate an immediate offering. CEO Leah Wald said the move supports the company's long-term growth plans source: https://cointelegraph.com/news/sol-strategies-defi-dev-liquid-staking-solana?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound