Solana Company Aims for 5% of SOL Tokens and Hong Kong listing
Solana Company, formerly Helius Medical Technologies, is making big moves in the crypto world. The firm plans to buy up to 5% of all SOL tokens. This is worth over $6 billion. The company also wants to list on the Hong Kong stock market in six months.
Joseph Chee, the Executive Chairman, shared these plans in an interview. He said Solana Company will become a major player in the solana ecosystem. The company currently owns 2.2 million SOL tokens. It plans to spend $15 million to grow its crypto holdings.
Chee explained why Solana is better than Ethereum. Solana can handle over 1,500 transactions per second. This makes it faster and cheaper. The company wants to support long-term growth in the Solana ecosystem.
Solana Company has support from big names like Pantera Capital and Xia Yan Capital. It also works with the solana foundation to develop the ecosystem in Asia.
Other firms are also buying SOL tokens.Forward industries leads with 6.822 million SOL. Sharps Technology follows with 2.140 million SOL. This shows that solana is becoming a popular choice for diversifying crypto investments.
As more companies buy SOL,it could become a key asset. This might boost the Solana ecosystem’s growth in the future.
