Sol Strategies of Canada applied for listing on Nasdaq, holding about $30 million worth of SOL

Sol Strategies Inc., a Canadian listed company, submitted an application for listing on the Nasdaq stock market today. The company's listing application needs to be reviewed and approved by the Nasdaq listing qualification department to ensure compliance with all Nasdaq capital market standards, as well as any other relevant regulatory agencies' approval. The company must also submit a registration statement to the US Securities and Exchange Commission (SEC) and announce its effectiveness before listing on Nasdaq.

According to reports, Sol Strategies is a Canadian listed company that actively invests in, supports, and provides infrastructure for the Solana blockchain and ecosystem. According to SolanaFloor, Sol Strategies holds approximately $30 million worth of SOL and has $218 million worth of SOL entrusted to its validators.