Sol Strategies Inc. Announces Upgrade to OTCQX Best Market
Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) has announced its upgrade from the Pink® market to trade on the OTCQX® Best Market effective January 21, 2025, under the symbol 'CYFRF'. This upgrade represents a strategic move to enhance accessibility and transparency for U.S. investors.
The company, which focuses on investing in and building infrastructure for the Solana blockchain ecosystem, will benefit from streamlined reporting standards while maintaining compliance with high financial and corporate governance standards. CEO Leah Wald emphasized that this move aligns with their commitment to growth and delivering value to stakeholders while strengthening their connection to U.S. investors.
Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) ha annunciato il suo passaggio dal mercato Pink® per operare sul OTCQX® Best Market, a partire dal 21 gennaio 2025, con il simbolo 'CYFRF'. Questo upgrade rappresenta una mossa strategica per migliorare l'accessibilità e la trasparenza per gli investitori statunitensi.
L'azienda, che si concentra sull'investimento e sulla costruzione di infrastrutture per l'ecosistema blockchain di Solana, beneficerà di standard di reporting semplificati pur mantenendo la conformità ad elevati standard di governance finanziaria e aziendale. Il CEO Leah Wald ha sottolineato che questa mossa è in linea con il loro impegno per la crescita e per offrire valore agli azionisti, rafforzando al contempo la loro connessione con gli investitori statunitensi.
Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) ha anunciado su transición del mercado Pink® para cotizar en el OTCQX® Best Market a partir del 21 de enero de 2025, bajo el símbolo 'CYFRF'. Esta mejora representa un movimiento estratégico para aumentar la accesibilidad y transparencia para los inversores estadounidenses.
La compañía, que se centra en invertir y construir infraestructura para el ecosistema blockchain de Solana, se beneficiará de estándares de reporte simplificados mientras mantiene el cumplimiento con altos estándares de gobernanza financiera y corporativa. La CEO Leah Wald enfatizó que este movimiento está en línea con su compromiso con el crecimiento y la entrega de valor a los interesados, al tiempo que fortalece su conexión con los inversores de EE. UU.
Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF)는 2025년 1월 21일부터 'CYFRF' 기호로 OTCQX® Best Market에서 거래를 시작하기 위해 Pink® 시장에서 업그레이드한다고 발표했습니다. 이 업그레이드는 미국 투자자에 대한 접근성과 투명성을 향상시키기 위한 전략적 조치를 나타냅니다.
회사는 솔라나 블록체인 생태계에 대한 투자 및 인프라 구축에 초점을 맞추고 있으며, 높은 재무 및 기업 거버넌스 기준을 준수하면서 간소화된 보고 기준의 혜택을 누릴 것입니다. CEO Leah Wald는 이 조치가 성장을 위한 그들의 헌신과 이해관계자에게 가치를 제공하며 미국 투자자와의 연결을 강화하는 것과 일치한다고 강조했습니다.
Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) a annoncé sa transition du marché Pink® vers le OTCQX® Best Market, à compter du 21 janvier 2025, avec le symbole 'CYFRF'. Cette mise à niveau représente un mouvement stratégique pour améliorer l'accessibilité et la transparence pour les investisseurs américains.
L'entreprise, qui se concentre sur l'investissement et la construction d'infrastructures pour l'écosystème blockchain Solana, bénéficiera de normes de reporting simplifiées tout en maintenant la conformité avec de hauts standards de gouvernance financière et d'entreprise. La PDG Leah Wald a souligné que ce mouvement s'aligne sur leur engagement à croître et à offrir de la valeur aux parties prenantes tout en renforçant leur lien avec les investisseurs américains.
Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) hat bekannt gegeben, dass es ab dem 21. Januar 2025 vom Pink®-Markt auf dem OTCQX® Best Market unter dem Symbol 'CYFRF' wechseln wird. Dieses Upgrade stellt einen strategischen Schritt dar, um die Zugänglichkeit und Transparenz für US-Investoren zu verbessern.
Das Unternehmen, das sich auf Investitionen und den Aufbau von Infrastrukturen für das Solana-Blockchain-Ökosystem konzentriert, wird von vereinfachten Berichtstandards profitieren, während es die Einhaltung hoher Standards für finanzielle und Unternehmensführung aufrechterhält. CEO Leah Wald betonte, dass dieser Schritt im Einklang mit ihrem Engagement für Wachstum und der Bereitstellung von Wert für die Stakeholder steht, während sie gleichzeitig ihre Verbindung zu US-Investoren stärkt.
- Upgrade to OTCQX Best Market from Pink market indicates improved market positioning
- Enhanced accessibility for U.S. investors potentially increasing trading volume
- Streamlined reporting standards while maintaining high compliance standards
- None.
Enhancing Access for U.S. Investors
Toronto, Ontario--(Newsfile Corp. - January 21, 2025) - Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF), a publicly traded Canadian company focused on investing in and building infrastructure for the Solana blockchain ecosystem, is pleased to announce that it has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market. Effective today, Sol Strategies will trade on OTCQX under the symbol "CYFRF".
This milestone marks a significant step in Sol Strategies' commitment to providing greater transparency and accessibility for U.S. investors. Trading on the OTCQX Market allows the company to leverage streamlined reporting standards from its home market, making it easier for U.S. investors to engage with the company while ensuring compliance with the highest standards of financial and corporate governance.
"Joining the OTCQX Best Market reflects our dedication to growth, transparency, and delivering value to our stakeholders," said Leah Wald, CEO of Sol Strategies. "This achievement broadens our reach in the U.S., strengthens our connection to investors, and reinforces our commitment to advancing the Solana ecosystem through innovative investments and infrastructure development."
About Sol Strategies
Sol Strategies is a publicly traded Canadian company actively investing in, supporting, and providing infrastructure for the Solana blockchain and ecosystem. The Company focuses on leveraging investment opportunities in staking rewards and Solana-based projects, enabling shareholders to indirectly participate in the decentralized finance landscape. Sol Strategies 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 the Company's or the Company's management team's expectations, hopes, beliefs, intentions or strategies regarding the future, and expectations regarding the characteristics, value drivers, and anticipated benefits of the Company's business plans and operations related thereto. 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 Private Placement and its impact on the Company. There is no assurance that the Private Placement will close 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: sol@kcsa.com
SOURCE: Sol Strategies Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237845
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