Sol Strategies has been appointed as the staking provider for the 3iQ Canadian Solana Staking ETF

ChainCatcher news, reported by The Block, to expand institutional adoption of Solana staking, Toronto-based Sol Strategies announced on Tuesday that it has been selected as the staking provider for 3iQ Corp.'s Solana Staking ETF.

As of January 31, Sol Strategies and its subsidiaries hold a total of 189,968 SOL, with an average acquisition price of approximately $179 per coin. The company's stock (HODL), traded on the Canadian Securities Exchange, surged over 2,000% last year and is currently trading over-the-counter in the U.S., with plans to list on Nasdaq.