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TechFlow, April 23 — According to SolanaFloor, Canadian publicly traded company SOL Strategies has secured a $500 million convertible debt financing facility from ATW Partners. The funds will be exclusively used to purchase SOL and stake it on validator nodes operated by the company.
The first tranche of $20 million is expected to close on May 1, with staking yields shared between both parties.
According to SolanaFloor, Canadian publicly traded company SOL Strategies has secured a convertible debt financing facility of up to $500 million from ATW Partners. The funds will be exclusively used to purchase SOL and stake it on validator nodes operated by the company. The first tranche of $20 million is expected to close on May 1, with staking yields shared between both parties.
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