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OTC Markets Group Welcomes Sol Strategies Inc. to OTCQX

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OTC Markets Group (OTCQX: OTCM) announced that Sol Strategies Inc. (OTCQX: CYFRF), a company focused on Solana blockchain ecosystem investments and infrastructure, has qualified to upgrade from the Pink® market to the OTCQX® Best Market. The company begins trading under the symbol 'CYFRF' on January 21, 2025.

The OTCQX upgrade represents a significant milestone for companies aiming to provide transparent trading for U.S. investors. Companies listed on qualified international exchanges can utilize their home market reporting standards while meeting OTCQX's high financial standards, corporate governance practices, and securities law compliance requirements.

OTC Markets Group (OTCQX: OTCM) ha annunciato che Sol Strategies Inc. (OTCQX: CYFRF), un'azienda focalizzata sugli investimenti e sull'infrastruttura dell'ecosistema blockchain di Solana, ha ottenuto l'idoneità per il passaggio dal mercato Pink® al OTCQX® Best Market. L'azienda inizierà a quotare con il simbolo 'CYFRF' il 21 gennaio 2025.

Il passaggio all'OTCQX rappresenta un traguardo significativo per le aziende che mirano a fornire un trading trasparente per gli investitori statunitensi. Le aziende quotate su borse internazionali qualificate possono utilizzare gli standard di reporting del loro mercato domestico, soddisfacendo nel contempo gli elevati standard finanziari, le pratiche di governance aziendale e i requisiti di conformità alle leggi sui valori mobiliari richiesti dall'OTCQX.

OTC Markets Group (OTCQX: OTCM) anunció que Sol Strategies Inc. (OTCQX: CYFRF), una empresa enfocada en inversiones e infraestructura del ecosistema blockchain de Solana, ha calificado para ascender del mercado Pink® al OTCQX® Best Market. La empresa comenzará a cotizar bajo el símbolo 'CYFRF' el 21 de enero de 2025.

La mejora a OTCQX representa un hito significativo para las empresas que buscan ofrecer un comercio transparente para los inversores de EE.UU. Las empresas que se cotizan en bolsas internacionales calificadas pueden utilizar sus estándares de reporte del mercado local mientras cumplen con los altos estándares financieros, las prácticas de gobernanza corporativa y los requisitos de conformidad con las leyes de valores que exige OTCQX.

OTC 마켓 그룹 (OTCQX: OTCM)은 Sol Strategies Inc. (OTCQX: CYFRF), 솔라나 블록체인 생태계 투자 및 인프라에 중점을 둔 회사가 핑크® 시장에서 OTCQX® 베스트 마켓으로 업그레이드 할 자격을 갖추었다고 발표했습니다. 이 회사는 2025년 1월 21일 'CYFRF'라는 심볼로 거래를 시작합니다.

OTCQX 업그레이드는 미국 투자자들에게 투명한 거래를 제공하고자 하는 회사들에게 중요한 이정표를 나타냅니다. 공인된 국제 거래소에 상장된 회사들은 OTCQX의 높은 재무 기준, 기업 거버넌스 관행 및 증권 법 준수 요건을 충족하면서 자국 시장 보고 기준을 활용할 수 있습니다.

OTC Markets Group (OTCQX: OTCM) a annoncé que Sol Strategies Inc. (OTCQX: CYFRF), une entreprise axée sur les investissements et l'infrastructure de l'écosystème blockchain Solana, a obtenu l'éligibilité pour passer du marché Pink® au OTCQX® Best Market. L'entreprise commencera à négocier sous le symbole 'CYFRF' le 21 janvier 2025.

La mise à niveau vers OTCQX représente une étape importante pour les entreprises qui souhaitent offrir un commerce transparent aux investisseurs américains. Les entreprises cotées sur des bourses internationales qualifiées peuvent utiliser leurs normes de rapport de marché domestique tout en respectant les normes financières élevées, les pratiques de gouvernance d'entreprise et les exigences de conformité aux lois sur les valeurs mobilières d'OTCQX.

OTC Markets Group (OTCQX: OTCM) gab bekannt, dass Sol Strategies Inc. (OTCQX: CYFRF), ein Unternehmen, das sich auf Investitionen in das Solana-Blockchain-Ökosystem und Infrastruktur konzentriert, die Voraussetzungen für ein Upgrade vom Pink®-Markt zum OTCQX® Best Market erfüllt hat. Das Unternehmen wird am 21. Januar 2025 unter dem Symbol 'CYFRF' handeln.

Das Upgrade auf OTCQX stellt einen bedeutenden Meilenstein für Unternehmen dar, die transparenten Handel für US-Investoren anbieten wollen. An internationalen Börsen, die die Zulassungskriterien erfüllen, gelistete Unternehmen können ihre nationalen Marktberichterstattungsstandards nutzen und gleichzeitig die hohen Finanzstandards, Unternehmensführungspraktiken und Anforderungen an die Einhaltung von Wertpapiergesetzen des OTCQX erfüllen.

Positive
  • Upgrade from Pink® market to OTCQX® Best Market indicates higher listing standards and improved visibility
  • Enhanced access to U.S. investors through transparent trading platform
  • Real-Time Level 2 quotes availability increases market transparency
Negative
  • None.

NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Sol Strategies Inc. (CSE: HODL; OTCQX: CYFRF), a company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, has qualified to trade on the OTCQX® Best Market. Sol Strategies Inc. upgraded to OTCQX from the Pink® market.

Sol Strategies Inc. begins trading today on OTCQX under the symbol “CYFRF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

About Sol Strategies Inc.
Sol Strategies is a Canadian company committed to the continued development of the Solana blockchain and ecosystem through its private equity and financial markets activities

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com


FAQ

When did Sol Strategies Inc. (CYFRF) begin trading on OTCQX?

Sol Strategies Inc. began trading on the OTCQX market on January 21, 2025, under the symbol CYFRF.

What are the requirements for Sol Strategies to maintain OTCQX listing?

To maintain OTCQX listing, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

What is Sol Strategies Inc.'s business focus?

Sol Strategies Inc. is dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem.

What are the benefits of Sol Strategies upgrading to OTCQX from Pink market?

The upgrade provides more transparent trading for U.S. investors and allows the company to utilize home market reporting while making information readily available in the U.S.

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