STOCK TITAN

Sol Strategies Appoints Prominent Digital Assets Investor Anthony Pompliano as Company Advisor

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
management

Sol Strategies (CSE: HODL, OTC: CYFRF) has appointed Anthony Pompliano as company advisor. Pompliano, founder and CEO of Professional Capital Management, brings extensive experience in digital assets and venture capital, having invested in companies like Coinbase, Lyft, Reddit, and Everlywell. He is known for his educational initiatives through The Pomp Podcast and The Pomp Letter. The company will grant 563,669 restricted share units to Pompliano, pending approval from the board, shareholders, and Canadian Securities Exchange.

Sol Strategies (CSE: HODL, OTC: CYFRF) ha nominato Anthony Pompliano come consulente dell'azienda. Pompliano, fondatore e CEO di Professional Capital Management, porta con sé una vasta esperienza in beni digitali e capitale di rischio, avendo investito in aziende come Coinbase, Lyft, Reddit ed Everlywell. È conosciuto per le sue iniziative educative attraverso The Pomp Podcast e The Pomp Letter. L'azienda concederà 563,669 unità azionarie riservate a Pompliano, in attesa dell'approvazione da parte del consiglio, degli azionisti e della Borsa Canadese.

Sol Strategies (CSE: HODL, OTC: CYFRF) ha nombrado a Anthony Pompliano como asesor de la empresa. Pompliano, fundador y CEO de Professional Capital Management, aporta una amplia experiencia en activos digitales y capital de riesgo, habiendo invertido en compañías como Coinbase, Lyft, Reddit y Everlywell. Es conocido por sus iniciativas educativas a través de The Pomp Podcast y The Pomp Letter. La empresa otorgará 563,669 unidades de acciones restringidas a Pompliano, sujetos a la aprobación del consejo, los accionistas y la Bolsa de Valores de Canadá.

솔 전략 (CSE: HODL, OTC: CYFRF)은 앤서니 폼플리아노를 회사 자문으로 임명했습니다. 폼플리아노는 Professional Capital Management의 창립자이자 CEO로서, Coinbase, Lyft, Reddit, Everlywell과 같은 기업에 투자한 경험이 풍부합니다. 그는 The Pomp Podcast와 The Pomp Letter를 통해 교육적 이니셔티브로 알려져 있습니다. 회사는 이사회, 주주 및 캐나다 증권 거래소의 승인을 조건으로 폼플리아노에게 563,669개의 제한된 주식 단위를 부여할 것입니다.

Sol Strategies (CSE: HODL, OTC: CYFRF) a nommé Anthony Pompliano en tant que conseiller de l'entreprise. Pompliano, fondateur et PDG de Professional Capital Management, possède une vaste expérience dans les actifs numériques et le capital-risque, ayant investi dans des entreprises telles que Coinbase, Lyft, Reddit et Everlywell. Il est connu pour ses initiatives éducatives à travers The Pomp Podcast et The Pomp Letter. L'entreprise accordera 563,669 unités d'actions restreintes à Pompliano, sous réserve de l'approbation du conseil, des actionnaires et de la Bourse canadienne.

Sol Strategies (CSE: HODL, OTC: CYFRF) hat Anthony Pompliano als Unternehmensberater ernannt. Pompliano, Gründer und CEO von Professional Capital Management, bringt umfangreiche Erfahrung in digitalen Vermögenswerten und Risikokapital mit, nachdem er in Unternehmen wie Coinbase, Lyft, Reddit und Everlywell investiert hat. Er ist bekannt für seine Bildungsinitiativen durch The Pomp Podcast und The Pomp Letter. Das Unternehmen wird Pompliano 563,669 beschränkte Aktieneinheiten gewähren, sofern die Genehmigung durch den Vorstand, die Aktionäre und die Canadische Wertpapierbörse erfolgt.

Positive
  • Appointment of high-profile digital assets investor with proven track record in major investments (Coinbase, Lyft, Reddit)
  • Strategic addition of expertise in bridging traditional finance and digital assets
Negative
  • Potential shareholder dilution through issuance of 563,669 restricted share units

Toronto, Ontario--(Newsfile Corp. - November 25, 2024) - Sol Strategies Inc. (CSE: HODL) (OTC Pink: CYFRF) ("Sol Strategies" or the "Company"), a publicly traded, Canadian holding company that invests in the Solana blockchain and ecosystem, today announced the appointment of Anthony Pompliano as an advisor to the Company. As an entrepreneur, investor, and prominent advocate for digital assets, Mr. Pompliano leverages his extensive experience to provide strategic direction to Sol Strategies.

Mr. Pompliano brings a wealth of expertise in digital assets and venture capital to Sol Strategies. Currently, he is the founder and CEO of Professional Capital Management, an investment firm allocating capital across public and private markets. His pioneering efforts in digital asset education, through ventures like The Pomp Podcast and The Pomp Letter, have cemented his reputation as a trusted voice in the crypto industry. Additionally, Mr. Pompliano has a proven track record as an investor, backing companies like Coinbase, Lyft, Reddit, and Everlywell.

"Joining Sol Strategies as an advisor is an incredible opportunity to contribute to the growth of the company," said Anthony Pompliano on his appointment. "Sol Strategies' commitment to giving public market investors access to the Solana ecosystem is a valuable strategy that should be well-received by capital allocators. I look forward to working with the team to drive impactful investments and accelerate the business."

Leah Wald, CEO of Sol Strategies, commented on the appointment: "With the growing interest in the Solana ecosystem, Mr. Pompliano's unparalleled experience in bridging traditional finance and digital assets makes him an invaluable addition to Sol Strategies. His insights will be instrumental in advancing our mission to ensure secure pathways for investors to access Solana's success."

In exchange for the advisory services, the Company has agreed to grant 563,669 restricted share units to Mr. Pompliano, subject to the approval of the Company's board and shareholders and the Canadian Securities Exchange.

About Sol Strategies
Sol Strategies is a publicly traded holding company committed to the continued development of the Solana blockchain and ecosystem through its private equity and financial markets activities. Sol Strategies seeks to leverage investment opportunities in staking rewards and Solana-based projects, allowing shareholders to indirectly participate in decentralized finance. The Company is headquartered in Toronto, Canada, and is publicly listed on the Canadian Securities Exchange under the ticker HODL and on the OTC market under the ticker CYFRF.

To learn more about Sol Strategies, please visit www.solstrategies.io. A copy of this news release and all the Company's related material documents regarding the Company may be obtained under the Company's SEDAR+ profile at www.sedarplus.ca.

Cautionary Note Regarding Forward-Looking Information:

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements other than statements of historical fact may be forward‐looking statements and information. More particularly and without limitation, this news release contains forward‐looking statements and information relating to (i) expectations regarding the characteristics, value drivers, and anticipated benefits of the engagement, and (ii) expectations concerning the Company's business plans and operations. Forward-looking information can also be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved".

Forward-looking statements in this news release include statements regarding the completion of the Acquisition and its intended impact on the Company, the Company's future investing plans, and staking plans. There is no assurance that the Acquisition will be completed or that the Company's plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.

There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.

Disclaimer:
Sol Strategies is an independent organization in the Solana ecosystem. Sol Strategies is not affiliated with, owned by, or under common control with Solana Foundation (the "Foundation"), and the Foundation has not entered into any association, partnership, joint venture, employee, or agency relationship with Sol Strategies.

None of the Foundation or its council members, officers, agents or make any representations or warranties, recommendations, endorsements or promises with respect to the accuracy of any statements made, information provided, or action taken by Sol Strategies and expressly disclaim any and all liability arising from or related to any such statements, information or action.

Officer/Director Contact:
Doug Harris
Chief Financial Officer
doug@solstrategies.io
Tel: 416-480-2488

SOURCE: Sol Strategies

Media contact: solstrategies@mgroupsc.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231271

FAQ

What is Anthony Pompliano's role at Sol Strategies (CYFRF)?

Anthony Pompliano has been appointed as an advisor to Sol Strategies, bringing his expertise in digital assets and venture capital to provide strategic direction to the company.

How many restricted share units will Sol Strategies (CYFRF) grant to Pompliano?

Sol Strategies will grant 563,669 restricted share units to Anthony Pompliano, subject to approval from the board, shareholders, and Canadian Securities Exchange.

What is Anthony Pompliano's background and experience relevant to Sol Strategies (CYFRF)?

Pompliano is the founder and CEO of Professional Capital Management, with investments in companies like Coinbase, Lyft, Reddit, and Everlywell. He's known for The Pomp Podcast and The Pomp Letter in crypto education.

SOL STRATEGIES INC

OTC:CYFRF

CYFRF Rankings

CYFRF Latest News

CYFRF Stock Data

156.41M
91.12M
38.29%
0.8%
Capital Markets
Financial Services
Link
United States of America
Toronto