SOL Global Provides Corporate Update on Solana Focused Investment
SOL Global Investments announces a $2.0 million USD initial investment in Solana, acquiring 8,123 tokens at $245 USD per token. The company plans to generate returns through both price appreciation and staking yields. Through staking, SOL Global will participate in Solana's Proof-of-Stake consensus mechanism, contributing to network security while earning rewards. The company intends to expand its investment in Solana and related blockchain technologies, viewing Solana as a leading technology due to its performance capabilities and scalability in the digital economy.
SOL Global Investments annuncia un investimento iniziale di 2,0 milioni di USD in Solana, acquisendo 8.123 token a 245 USD per token. L'azienda prevede di generare rendimenti sia attraverso l'apprezzamento dei prezzi che dai ritorni dello staking. Attraverso lo staking, SOL Global parteciperà al meccanismo di consenso Proof-of-Stake di Solana, contribuendo alla sicurezza della rete mentre guadagna ricompense. L'azienda ha intenzione di espandere il proprio investimento in Solana e nelle tecnologie blockchain correlate, considerando Solana una tecnologia leader grazie alle sue capacità prestazionali e alla scalabilità nell'economia digitale.
SOL Global Investments anuncia una inversión inicial de 2,0 millones de USD en Solana, adquiriendo 8,123 tokens a 245 USD por token. La empresa planea generar rendimientos tanto a través de la apreciación del precio como de las recompensas de staking. A través del staking, SOL Global participará en el mecanismo de consenso Proof-of-Stake de Solana, contribuyendo a la seguridad de la red mientras gana recompensas. La compañía tiene la intención de expandir su inversión en Solana y tecnologías relacionadas con blockchain, considerando a Solana como una tecnología líder debido a sus capacidades de rendimiento y escalabilidad en la economía digital.
SOL Global Investments는 솔라나에 200만 달러 USD의 초기 투자를 발표하며, 토큰당 245 USD에 8,123개의 토큰을 인수하게 됩니다. 회사는 가격 상승과 스테이킹 수익을 통해 수익을 창출할 계획입니다. 스테이킹을 통해 SOL Global은 솔라나의 지분 지분 증명(Proof-of-Stake) 합의 메커니즘에 참여하여 네트워크 보안에 기여하면서 보상을 얻을 것입니다. 회사는 솔라나와 관련된 블록체인 기술에 대한 투자를 확대할 계획이며, 솔라나를 디지털 경제에서 성능 능력과 확장성으로 인해 선도적인 기술로 보고 있습니다.
SOL Global Investments annonce un investissement initial de 2 millions USD dans Solana, acquérant 8,123 tokens à 245 USD par token. L'entreprise prévoit de générer des rendements grâce à l'appréciation des prix et aux gains de staking. Grâce au staking, SOL Global participera au mécanisme de consensus Proof-of-Stake de Solana, contribuant à la sécurité du réseau tout en gagnant des récompenses. L'entreprise a l'intention d'élargir son investissement dans Solana et les technologies blockchain connexes, considérant Solana comme une technologie leader en raison de ses capacités de performance et de sa scalabilité dans l'économie numérique.
SOL Global Investments gibt eine initiale Investition von 2,0 Millionen USD in Solana bekannt und erwirbt 8.123 Token zu 245 USD pro Token. Das Unternehmen plant, Renditen sowohl durch Preissteigerungen als auch durch Staking-Erträge zu erzielen. Durch Staking wird SOL Global am Proof-of-Stake-Konsensmechanismus von Solana teilnehmen, zur Sicherheit des Netzwerks beitragen und Belohnungen verdienen. Das Unternehmen beabsichtigt, seine Investitionen in Solana und verwandte Blockchain-Technologien zu erweitern und betrachtet Solana aufgrund ihrer Leistungsfähigkeit und Skalierbarkeit in der digitalen Wirtschaft als führende Technologie.
- Initial $2.0 million USD investment in Solana tokens
- Potential for dual revenue streams through price appreciation and staking yields
- Strategic positioning in high-performance blockchain technology
- Significant exposure to volatile cryptocurrency market
- High entry price point at $245 USD per token
SOL Global has purchased its initial
Toronto, Ontario--(Newsfile Corp. - November 18, 2024) - SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) ("SOL Global" or "the Company") is pleased to announce that it has purchased its initial
SOL Global intends to hold the tokens and benefit from price appreciation as well as a yield through a process called staking. Staking is a mechanism that supports the Solana blockchain network's operations by delegating Solana tokens to validators on the network that use stake-weighted consensus votes to validate transactions on the blockchain and thereby maintain network integrity. By staking its Solana tokens, SOL Global will participate in the Solana network's Proof-of-Stake consensus mechanism, helping to secure and decentralize the blockchain, while earning rewards for its contribution. This investment strategy not only offers potential for asset appreciation but also enables SOL Global to generate a steady yield, enhancing the long-term value of its holdings.
SOL Global intends to continue its investment in Solana, as well as in related technologies and instruments that support the blockchain and crypto ecosystem. The Company sees a promising future for the broader crypto space, with Solana emerging as a leading technology due to its high-performance capabilities and scalability. SOL Global believes that Solana's innovative approach to decentralized applications and its growing ecosystem position it as a cornerstone of the digital economy. By expanding its commitment to Solana, SOL Global aims to capitalize on the long-term potential of blockchain advancements and the expanding role of decentralized finance.
About SOL Global Investments Corp.
SOL Global is a diversified international investment and private equity holding company. The Company is in the process of divesting its current investment partnerships and minority holdings. SOL Global recently announced the transition of investments to focus exclusively on digital asset technology, primarily on Solana and Solana based technologies.
CONTACT INFORMATION
SOL Global Investments Corp.
Paul Kania, Interim CEO, CFO
Phone: (212) 729-9208
Email: info@solglobal.com
Cautionary note regarding forward-looking information:
This press release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements herein, other than statements of historical fact, constitute forward-looking information. Forward-looking information is frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking information in this press release includes, but is not limited to, statements relating to the Company's intention to increase its investment in Solana, by the investment amount, and on the timeline, intended; the Company's intention to stake its Solana tokens on Solana's network, and the expected price appreciation and yield associated with its staking; the Company's expectations related to future financing activities and divestitures of current investment partnerships and minority holdings and the completion and expected benefits thereof; the Company's business and investment strategies; investor interest and confidence in digital assets, in particular in Solana; the expected growth of the Solana ecosystem; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company of business and investment opportunities; and the merits or potential returns of any such opportunities. Forward-looking information reflects the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies, including the speculative nature of cryptocurrencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, without limitation, the Company's ability to execute on its business and investment plans, including the Company's ability to raise debt or equity through future financing activities and divest its current investment partnerships and minority holdings to increase its investment in Solana; the growth of the Solana ecosystem; growth and development of decentralized finance and digital asset sector; rules and regulations with respect to decentralized finance and digital assets; general business, economic, competitive, political and social uncertainties. 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 the forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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FAQ
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