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Sol Strategies' Orangefin Ventures Launches Solana Staking App

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Sol Strategies (CSE: HODL, OTC Pink: CYFRF) has launched a new mobile application through its subsidiary Orangefin Ventures, offering the first non-custodial staking solution for Solana (SOL) on mobile devices. The app, available on the Solana dApp Store, enables users to stake SOL directly from their phones with expected returns of 8-10% APY.

The application features a non-custodial model where investors maintain control of their keys, and is developed by ISO 27001 compliant validator Orangefin. The app is currently available on the Solana dApp Store with planned releases on Google Play and Apple App Store later this year.

Sol Strategies (CSE: HODL, OTC Pink: CYFRF) ha lanciato una nuova applicazione mobile attraverso la sua sussidiaria Orangefin Ventures, offrendo la prima soluzione di staking non custodiale per Solana (SOL) su dispositivi mobili. L'app, disponibile sull'Solana dApp Store, consente agli utenti di fare staking di SOL direttamente dai loro telefoni con ritorni previsti del 8-10% APY.

L’applicazione presenta un modello non custodiale in cui gli investitori mantengono il controllo delle proprie chiavi ed è sviluppata dal validatore Orangefin, conforme a ISO 27001. L'app è attualmente disponibile sull'Solana dApp Store con il rilascio previsto su Google Play e Apple App Store entro la fine dell'anno.

Sol Strategies (CSE: HODL, OTC Pink: CYFRF) ha lanzado una nueva aplicación móvil a través de su subsidiaria Orangefin Ventures, ofreciendo la primera solución de staking no custodia para Solana (SOL) en dispositivos móviles. La app, disponible en la tienda dApp de Solana, permite a los usuarios hacer staking de SOL directamente desde sus teléfonos con rendimientos esperados del 8-10% APY.

La aplicación presenta un modelo no custodial en el que los inversores mantienen el control de sus claves, y es desarrollada por el validador Orangefin, que cumple con la norma ISO 27001. La app está actualmente disponible en la tienda dApp de Solana, con lanzamientos planificados en Google Play y Apple App Store más adelante este año.

솔 전략 (CSE: HODL, OTC Pink: CYFRF)는 자회사 오렌지핀 벤처스를 통해 솔라나(SOL)를 위한 첫 번째 비수탁 스테이킹 솔루션을 모바일 장치에서 제공하는 새로운 모바일 애플리케이션을 출시했습니다. 이 앱은 솔라나 dApp 스토어에서 제공되며, 사용자는 전화기로 직접 SOL을 스테이킹할 수 있으며, 예상 수익률은 8-10% APY입니다.

이 애플리케이션은 투자자가 자신의 키를 통제할 수 있는 비수탁 모델을 특징으로 하며, ISO 27001을 준수하는 검증자인 오렌지핀에 의해 개발되었습니다. 이 앱은 현재 솔라나 dApp 스토어에서 제공되고 있으며, 올해 말 구글 플레이 및 애플 앱 스토어에서 출시될 예정입니다.

Sol Strategies (CSE: HODL, OTC Pink: CYFRF) a lancé une nouvelle application mobile par l'intermédiaire de sa filiale Orangefin Ventures, offrant la première solution de staking non custodial pour Solana (SOL) sur les appareils mobiles. L'application, disponible sur le Solana dApp Store, permet aux utilisateurs de staker des SOL directement depuis leur téléphone avec des rendements attendus de 8-10% APY.

L'application présente un modèle non custodial où les investisseurs gardent le contrôle de leurs clés et est développée par le validateur Orangefin, conforme à l'ISO 27001. L'application est actuellement disponible sur le Solana dApp Store, avec des sorties prévues sur Google Play et l'Apple App Store plus tard cette année.

Sol Strategies (CSE: HODL, OTC Pink: CYFRF) hat über seine Tochtergesellschaft Orangefin Ventures eine neue mobile Anwendung veröffentlicht, die die erste nicht verwahrte Staking-Lösung für Solana (SOL) auf mobilen Geräten anbietet. Die App, die im Solana dApp Store verfügbar ist, ermöglicht es Benutzern, SOL direkt von ihren Telefonen aus zu staken, mit einer erwarteten Rendite von 8-10% APY.

Die Anwendung bietet ein nicht verwahrtes Modell, bei dem die Anleger die Kontrolle über ihre Schlüssel behalten, und wurde vom ISO 27001-konformen Validator Orangefin entwickelt. Die App ist derzeit im Solana dApp Store erhältlich, mit geplanten Veröffentlichungen im Google Play und Apple App Store später in diesem Jahr.

Positive
  • First-to-market mobile non-custodial Solana staking solution
  • Competitive 8-10% APY staking returns
  • ISO 27001 compliance certification enhancing security credibility
Negative
  • availability (only on Solana dApp Store, pending major app store releases)

Revolutionizing Mobile Staking for Solana with 8-10% APY and Enhanced Security

Toronto, Ontario--(Newsfile Corp. - January 16, 2025) - Sol Strategies Inc. (CSE: HODL) (OTC Pink: CYFRF) ("Sol Strategies" or the "Company"), a publicly traded Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, is announcing the launch of its new mobile application from Orangefin Ventures LLC ("Orangefin"), a recent acquisition and trusted provider of non-custodial staking solutions known for exceptional performance and security. This innovative app, now available on the Solana dApp Store, is the first non-custodial staking solution that allows investors to stake Solana (SOL) directly from their phones, delivering a streamlined and intuitive experience.

"This app will allow Solana investors the ability to get the most out of their Solana investment with a simple, secure, and high-yield staking solution," said Leah Wald, CEO of Sol Strategies. "As our first major technology initiative, this launch represents a pivotal step in our journey investing in and fostering innovation, enabling us to build cutting-edge solutions within the blockchain infrastructure."

Key features include:

  • Non-Custodial Model: Investors retain full control of their keys, enhancing security and ownership of their assets.
  • Higher Staking Returns: Investors can expect returns ranging from 8% to 10%, significantly surpassing traditional custodial platforms.
  • Compliance and Security: Orangefin, an ISO 27001 compliant validator, upholds the highest standards of security and reliability.

"Orangefin has been dedicated to building top-tier validator technology for the Solana community," said Max Kaplan, Founder of OrangeFin and Head of Staking at Sol Strategies. "With the resources and strategic expertise from Sol Strategies, we've elevated everything we've built to new heights. This marks another step forward in our mission to deliver even greater value and performance to the Solana ecosystem."

The app is available now on the Solana dApp Store and is expected to launch on Google Play and the Apple App Store late this year.

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.

About Orangefin Ventures
Orangefin Ventures is a blockchain infrastructure leader specializing in validator operations and decentralized network solutions. The company's cutting-edge technology, ISO 27001 certification, and reliable performance have made it a trusted name in the Solana ecosystem. For more information, visit www.orangefin.ventures.

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 launch of the new mobile application and its intended impact on the Company. There is no assurance 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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237358

FAQ

What are the expected staking returns for Sol Strategies' (CYFRF) new Solana staking app?

The Orangefin Ventures staking app offers returns ranging from 8% to 10% APY for Solana staking.

When will Sol Strategies' (CYFRF) Solana staking app be available on Apple App Store and Google Play?

The app is expected to launch on Google Play and the Apple App Store later in 2025.

Is Sol Strategies' (CYFRF) new Solana staking app custodial or non-custodial?

The app is non-custodial, meaning investors retain full control of their keys and assets.

What security certifications does Sol Strategies' (CYFRF) Orangefin staking platform have?

Orangefin is ISO 27001 compliant, maintaining high standards of security and reliability.

Where is Sol Strategies' (CYFRF) new Solana staking app currently available?

The app is currently available on the Solana dApp Store.

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