Sol Strategies, Third-Largest Solana-Based Financial Firm, Announces Nasdaq Listing
September 5, 2025 – Sol Strategies (@solstrategies_), a financial firm focused on Solana, announced today it will list on the Nasdaq stock exchange, beginning September 9th. The company is currently listed on the Canadian exchange under the ticker HODL.CN. This marks a notable milestone for Sol Strategies, positioning it as the third-largest solar or Decentralized Request Token (DAT) company to be listed on Nasdaq.
Unlike competitors Upexi, Defi Advancement, and EXODUS MOVEMENT, which initially listed on Nasdaq for businesses unrelated to solar or finance before transitioning to Solana, Sol Strategies has built its foundation specifically within the Solana ecosystem.According to recent reports, Sol Strategies has accumulated tokens for a longer period than its competitors and demonstrates more effective token staking, generating passive income from its assets.
The Nasdaq listing arrives amid increased scrutiny of DAT companies, following a recent examination into potential financial irregularities within the sector, which temporarily impacted stock prices. However, the listing is viewed as a positive development, signaling continued interest from Nasdaq in the DAT and Solana space.
Competition remains strong, especially with Galaxy Jump and Multicoin’s progressing plan to invest $1 billion in Solana-based assets. Despite being the third-largest holder in the sector, Sol strategies aims to differentiate itself through its dedicated focus on cryptocurrency and aggressive staking strategies.
Image of SOL Strategies price performance from Yahoo Finance - source: Yahoo Finance
