Neptune Expands Solana Staking Through Partnership with Sol Strategies
Neptune Digital Assets (NPPTF) has announced a strategic institutional staking partnership with Sol Strategies to expand its Solana staking operations. Through this agreement, Neptune will stake Solana (SOL) using Sol Strategies' blockchain infrastructure, receiving both standard staking rewards and a share of validator block rewards.
The partnership aims to maximize staking efficiency and enhance Neptune's returns on Solana staking. CEO Cale Moodie highlighted that this collaboration aligns with their strategy to optimize yields while maintaining security and decentralization. The partnership comes amid growing institutional interest in proof-of-stake networks and the US government's plans to establish a strategic reserve including Bitcoin and Solana.
Neptune Digital Assets (NPPTF) ha annunciato una partnership strategica per lo staking istituzionale con Sol Strategies per espandere le sue operazioni di staking su Solana. Attraverso questo accordo, Neptune effettuerà lo staking di Solana (SOL) utilizzando l'infrastruttura blockchain di Sol Strategies, ricevendo sia le ricompense standard per lo staking sia una quota delle ricompense dei blocchi dei validatori.
La partnership mira a massimizzare l'efficienza dello staking e migliorare i rendimenti di Neptune nello staking di Solana. Il CEO Cale Moodie ha sottolineato che questa collaborazione è in linea con la loro strategia di ottimizzare i rendimenti mantenendo la sicurezza e la decentralizzazione. La partnership arriva in un momento di crescente interesse istituzionale per le reti proof-of-stake e i piani del governo degli Stati Uniti di stabilire una riserva strategica che includa Bitcoin e Solana.
Neptune Digital Assets (NPPTF) ha anunciado una asociación estratégica de staking institucional con Sol Strategies para expandir sus operaciones de staking en Solana. A través de este acuerdo, Neptune realizará staking de Solana (SOL) utilizando la infraestructura blockchain de Sol Strategies, recibiendo tanto recompensas estándar de staking como una parte de las recompensas de bloques de los validadores.
La asociación tiene como objetivo maximizar la eficiencia del staking y mejorar los retornos de Neptune en el staking de Solana. El CEO Cale Moodie destacó que esta colaboración se alinea con su estrategia de optimizar los rendimientos mientras se mantiene la seguridad y la descentralización. La asociación se produce en un momento de creciente interés institucional en las redes de prueba de participación y los planes del gobierno de EE. UU. para establecer una reserva estratégica que incluya Bitcoin y Solana.
네ptune 디지털 자산 (NPPTF)은 솔 전략과 함께 솔라나 스테이킹 운영을 확장하기 위한 전략적 기관 스테이킹 파트너십을 발표했습니다. 이 협약을 통해 Neptune은 솔 전략의 블록체인 인프라를 사용하여 솔라나(SOL)를 스테이킹하고, 표준 스테이킹 보상과 검증자 블록 보상의 일부를 받게 됩니다.
이 파트너십의 목표는 스테이킹 효율성을 극대화하고 Neptune의 솔라나 스테이킹 수익을 향상시키는 것입니다. CEO 케일 무디는 이 협력이 보안과 분산화를 유지하면서 수익을 최적화하려는 전략과 일치한다고 강조했습니다. 이 파트너십은 스테이크 증명 네트워크에 대한 기관의 관심이 높아지고, 미국 정부가 비트코인과 솔라나를 포함한 전략적 비축을 설정할 계획을 세우고 있는 가운데 이루어졌습니다.
Neptune Digital Assets (NPPTF) a annoncé un partenariat stratégique de staking institutionnel avec Sol Strategies pour étendre ses opérations de staking sur Solana. Grâce à cet accord, Neptune effectuera du staking de Solana (SOL) en utilisant l'infrastructure blockchain de Sol Strategies, recevant à la fois des récompenses de staking standard et une part des récompenses de blocs des validateurs.
Ce partenariat vise à maximiser l'efficacité du staking et à améliorer les rendements de Neptune sur le staking de Solana. Le PDG Cale Moodie a souligné que cette collaboration s'inscrit dans leur stratégie d'optimisation des rendements tout en maintenant la sécurité et la décentralisation. Ce partenariat intervient dans un contexte d'intérêt institutionnel croissant pour les réseaux de preuve d'enjeu et des plans du gouvernement américain pour établir une réserve stratégique incluant le Bitcoin et Solana.
Neptune Digital Assets (NPPTF) hat eine strategische Partnerschaft für institutionelles Staking mit Sol Strategies angekündigt, um seine Staking-Aktivitäten auf Solana auszubauen. Durch diese Vereinbarung wird Neptune Solana (SOL) unter Verwendung der Blockchain-Infrastruktur von Sol Strategies staken und sowohl die standardmäßigen Staking-Belohnungen als auch einen Anteil an den Validator-Blockbelohnungen erhalten.
Das Ziel der Partnerschaft ist es, die Staking-Effizienz zu maximieren und die Renditen von Neptune beim Solana-Staking zu verbessern. CEO Cale Moodie hob hervor, dass diese Zusammenarbeit mit ihrer Strategie übereinstimmt, die Erträge zu optimieren und gleichzeitig Sicherheit und Dezentralisierung aufrechtzuerhalten. Die Partnerschaft kommt zu einem Zeitpunkt, an dem das institutionelle Interesse an Proof-of-Stake-Netzwerken wächst und die US-Regierung Pläne zur Schaffung einer strategischen Reserve, die Bitcoin und Solana umfasst, verfolgt.
- New revenue stream from validator block rewards
- Enhanced staking returns through innovative revenue-sharing structure
- Strategic positioning ahead of US government's digital asset reserve plans
- None.
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2025) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), a blockchain leader in Canada, is pleased to announce a strategic institutional staking partnership with Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) (FSE: 1X00), increasing Neptune's revenue and strengthening its position in the growing proof-of-stake ecosystem.
Through this agreement, Neptune will stake Solana (SOL) with Sol Strategies, leveraging their blockchain infrastructure to maximize staking efficiency. In addition to the standard staking rewards, Neptune will also receive a share of validator block rewards which is a benefit typically only validator operators receive. This innovative revenue-sharing structure enhances Neptune's staking returns and further diversifies its income streams.
"Our partnership with Sol Strategies aligns perfectly with our strategy to optimize staking yields while ensuring the highest levels of security and decentralization," said Cale Moodie, CEO of Neptune Digital Assets. "By gaining direct access to validator block rewards, we expect a meaningful increase in our annualized returns on Solana staking. We look forward to continued growth in crypto, particularly with the US government administration announcing its plans to establish a strategic reserve which would include Bitcoin, Solana and other digital assets."
"We're excited to collaborate with Neptune Digital Assets, a recognized leader in blockchain investments and infrastructure," said Leah Wald, CEO of Sol Strategies. "Neptune's expertise and long-term commitment to digital asset growth make them an ideal partner as we continue expanding institutional staking opportunities."
As institutional interest in proof-of-stake networks continues to grow, Neptune remains committed to leveraging strategic partnerships that enhance its staking capabilities, increase returns, and drive long-term value for shareholders.
For more information on Neptune Digital Assets, please visit: www.neptunedigitalassets.com.
About Neptune Digital Assets Corp.
Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) is one of the first publicly traded blockchain companies in Canada and is at the forefront of the cryptocurrency and blockchain landscape. Neptune engages in operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated cutting-edge technology. Our unwavering commitment to innovation and strategic growth enables us to continually explore new opportunities and maximize value for our shareholders. For more information about Neptune Digital Assets Corp., please visit our website at www.neptunedigitalassets.com or follow us on X (@NeptuneDAC).
About Sol Strategies
Sol Strategies Inc. (CSE: HODL) (OTCQX: CYFRF) (FSE: 1X00) 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.
ON BEHALF OF THE BOARD
Cale Moodie, President and CEO
Neptune Digital Assets Corp.
1-800-545-0941
www.neptunedigitalassets.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This release contains certain "forward-looking statements" and certain "forward-looking information" as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", "proposes" or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties.
The Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243036
FAQ
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