SOL Strategies Partners with Pudgy Penguins to Launch Enterprise PENGU Validator on Solana
SOL Strategies (CSE: HODL, OTCQX: CYFRF) has partnered with Pudgy Penguins to launch a dedicated PENGU validator on the Solana blockchain. The partnership, established through a definitive agreement on February 26, 2025, marks Pudgy Penguins' expansion into the Solana ecosystem.
Pudgy Penguins, a prominent crypto brand with toys available in over 10,000 retailers and billions of online views, will leverage SOL Strategies' white-label validator program to provide secure, high-performance validation infrastructure. The collaboration aims to connect established brands with blockchain infrastructure while supporting mainstream engagement.
The partnership represents Pudgy Penguins' strategic move to contribute to user-friendly crypto experiences and blockchain infrastructure development beyond Ethereum, working with one of the largest validator operators in the space.
SOL Strategies (CSE: HODL, OTCQX: CYFRF) ha stretto una partnership con Pudgy Penguins per lanciare un validator PENGU dedicato sulla blockchain Solana. Questa collaborazione, formalizzata con un accordo definitivo il 26 febbraio 2025, segna l'espansione di Pudgy Penguins nell'ecosistema Solana.
Pudgy Penguins, un noto marchio crypto con giocattoli distribuiti in oltre 10.000 rivenditori e miliardi di visualizzazioni online, sfrutterà il programma white-label di validazione di SOL Strategies per offrire un'infrastruttura di validazione sicura e ad alte prestazioni. L'obiettivo della collaborazione è connettere marchi affermati all'infrastruttura blockchain, supportando al contempo un coinvolgimento di massa.
Questa partnership rappresenta la mossa strategica di Pudgy Penguins per contribuire a esperienze crypto più accessibili e allo sviluppo dell'infrastruttura blockchain oltre Ethereum, collaborando con uno dei maggiori operatori di validator nel settore.
SOL Strategies (CSE: HODL, OTCQX: CYFRF) se ha asociado con Pudgy Penguins para lanzar un validador PENGU dedicado en la blockchain Solana. La alianza, formalizada mediante un acuerdo definitivo el 26 de febrero de 2025, marca la expansión de Pudgy Penguins en el ecosistema Solana.
Pudgy Penguins, una reconocida marca cripto con juguetes disponibles en más de 10,000 minoristas y miles de millones de visualizaciones en línea, aprovechará el programa de validación white-label de SOL Strategies para proporcionar una infraestructura de validación segura y de alto rendimiento. La colaboración busca conectar marcas consolidadas con la infraestructura blockchain, fomentando la participación masiva.
Esta asociación representa el movimiento estratégico de Pudgy Penguins para contribuir a experiencias cripto más accesibles y al desarrollo de infraestructura blockchain más allá de Ethereum, trabajando con uno de los mayores operadores de validadores en el sector.
SOL Strategies (CSE: HODL, OTCQX: CYFRF)는 Pudgy Penguins와 협력하여 Solana 블록체인에 전용 PENGU 검증자를 출시했습니다. 2025년 2월 26일 체결된 최종 계약을 통해 이루어진 이번 파트너십은 Pudgy Penguins가 Solana 생태계로 확장하는 중요한 이정표입니다.
10,000개 이상의 소매점에서 장난감을 판매하고 수십억 건의 온라인 조회수를 기록한 유명 암호화폐 브랜드인 Pudgy Penguins는 SOL Strategies의 화이트라벨 검증자 프로그램을 활용해 안전하고 고성능의 검증 인프라를 제공합니다. 이번 협력은 기존 브랜드를 블록체인 인프라와 연결하고 대중 참여를 지원하는 데 목적이 있습니다.
이번 파트너십은 Pudgy Penguins가 이더리움을 넘어 사용자 친화적인 암호화 경험과 블록체인 인프라 개발에 기여하기 위한 전략적 움직임으로, 업계 최대 검증자 운영자 중 하나와 협력하는 사례입니다.
SOL Strategies (CSE : HODL, OTCQX : CYFRF) s'est associé à Pudgy Penguins pour lancer un validateur PENGU dédié sur la blockchain Solana. Ce partenariat, officialisé par un accord définitif le 26 février 2025, marque l'expansion de Pudgy Penguins dans l'écosystème Solana.
Pudgy Penguins, une marque crypto reconnue avec des jouets disponibles dans plus de 10 000 points de vente et des milliards de vues en ligne, utilisera le programme de validateur en marque blanche de SOL Strategies pour fournir une infrastructure de validation sécurisée et performante. Cette collaboration vise à connecter des marques établies à l'infrastructure blockchain tout en favorisant l'engagement grand public.
Ce partenariat représente une démarche stratégique de Pudgy Penguins pour contribuer à des expériences crypto accessibles et au développement de l'infrastructure blockchain au-delà d'Ethereum, en collaborant avec l'un des plus grands opérateurs de validateurs du secteur.
SOL Strategies (CSE: HODL, OTCQX: CYFRF) hat sich mit Pudgy Penguins zusammengeschlossen, um einen dedizierten PENGU Validator auf der Solana-Blockchain zu starten. Die Partnerschaft, die durch eine endgültige Vereinbarung am 26. Februar 2025 besiegelt wurde, markiert die Expansion von Pudgy Penguins in das Solana-Ökosystem.
Pudgy Penguins, eine bekannte Krypto-Marke mit Spielzeugen in über 10.000 Einzelhandelsgeschäften und Milliarden von Online-Aufrufen, wird das White-Label-Validator-Programm von SOL Strategies nutzen, um eine sichere und leistungsstarke Validierungsinfrastruktur bereitzustellen. Ziel der Zusammenarbeit ist es, etablierte Marken mit Blockchain-Infrastruktur zu verbinden und gleichzeitig die breite Nutzerbeteiligung zu fördern.
Die Partnerschaft stellt einen strategischen Schritt von Pudgy Penguins dar, um benutzerfreundliche Krypto-Erfahrungen und die Entwicklung von Blockchain-Infrastruktur über Ethereum hinaus voranzutreiben, indem sie mit einem der größten Validator-Betreiber der Branche zusammenarbeiten.
- Strategic partnership with major Web3 brand Pudgy Penguins expands market presence
- Launch of new revenue-generating validator infrastructure service
- Access to Pudgy Penguins' extensive retail network of 10,000+ stores
- No financial terms or revenue projections disclosed
Toronto, Ontario--(Newsfile Corp. - April 15, 2025) - SOL Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) (formerly, Cypherpunk Holdings Inc, "Sol Strategies" or the "Company"), a publicly traded Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem. On February 26, 2025, Sol Strategies entered into a definitive agreement with Pudgy Penguins—one of the most recognized brands in crypto, known for its toy line available in over 10,000 retailers, billions of online views, and a highly engaged global community—to launch a dedicated Solana validator in support of the PENGU ecosystem. This partnership is a continuation of Pudgy Penguins expansion into the Solana ecosystem and demonstrates the brand's commitment to securing the network.
The PENGU validator is now operational, providing secure, high-performance validation infrastructure as part of SOL Strategies' white-label validator program. This validator program enables select partners to participate in Solana's blockchain security while leveraging its high-speed, low-cost network.
"Partnering with Pudgy Penguins reflects a strong alignment between blockchain infrastructure and consumer-facing innovation," said Leah Wald, CEO of SOL Strategies. "As a widely recognized Web3 brand expands its presence on Solana, it underscores the evolving role of blockchain in supporting mainstream engagement. Through this validator partnership, SOL Strategies is helping connect well-established brands to the underlying infrastructure of the digital economy."
Pudgy Penguins has built a distinctive presence at the intersection of Web2 and Web3, with its toy line resonating across major retail platforms. This collaboration with SOL Strategies represents a step toward enabling Web3-native brands to engage with institutional-grade infrastructure and explore blockchain ecosystems beyond Ethereum.
"A big part of Pudgy Penguins vision is to build on and contribute to ecosystems that are aligned with our ethos of creating a simple and user-friendly crypto experience," said Luca Netz, CEO of Pudgy Penguins. "This mentality is why we chose to partner with SOL Strategies, one of the largest and fastest-growing validator operators, to run a Solana Validator for PENGU. Working alongside SOL Strategies allows us to build the Solana ecosystem uniquely and transparently. This is just the first of many initiatives where Pudgy Penguins is set to improve blockchain infrastructure and institutional involvement."
About SOL Strategies
SOL Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) is a Canadian investment company that operates at the forefront of blockchain innovation. Specializing in the Solana ecosystem, the company provides strategic investments and infrastructure solutions to enable the next generation of decentralized applications.
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 Pudgy Penguins
Pudgy Penguins is one of the most recognized brands in Web3 consumer innovation. It is the first major NFT project to enter traditional retail, with Pudgy Penguins toys available in Walmart and other leading stores. The brand continues to pioneer blockchain-integrated consumer experiences, bridging Web3 with mainstream adoption. Learn more at pudgypenguins.com.
Investor Contact:
John Ragozzino, CFA
solstrategies@icrinc.com
203.682.8284
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 Pudgy Penguins validator partnership, its potential benefits to the Solana ecosystem, and the anticipated impact on SOL Strategies' white-label validator program and broader business objectives. 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.
The purpose of forward-looking information is to provide the reader with a description of management's expectations, and such forward-looking information may not be appropriate for any other purpose. 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248553
FAQ
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