SOL Strategies, formerly known as Cypherpunk Holdings, began trading on Nasdaq under ticker STKE on September 9, 2025. This marks the first listing for a Solana-focused treasury company.
Trading on Nasdaq: A New Era for SOL Strategies
SOL Strategies, now trading on Nasdaq, was previously listed on OTCQB under ticker CYFRF and retains its presence on CSE as HODL. This strategic move signifies an upgrade in the company’s financial positioning.
Increased Liquidity and Institutional Access
The Nasdaq listing provides SOL Strategies with improved liquidity and access to a broader investor base. It also grants access to deeper capital markets, which is vital for expanding their validator operations and ecosystem investments.
Impact on the Solana Ecosystem
With the potential to attract institutional investments, this move could increase demand for Solana-based financial services. CEO Leah Wald emphasized the significance of this listing for the entire Solana ecosystem, noting that it represents not only an achievement for SOL Strategies but also validation for Solana as a whole.
The launch of SOL Strategies on Nasdaq marks a crucial step for the Solana ecosystem, opening new opportunities for institutional investors and enhancing market liquidity.