Canadian Investment Firm Cypherpunk Holdings Rebrands to 'Sol Strategies' After Surging Solana Investments

IconCryptoNewsTerminal Staff12 Sep, 2024

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Canadian Investment Firm Cypherpunk Holdings Rebrands to 'Sol Strategies' After Surging Solana Investments

Solana (SOL) has been enjoying the spotlight lately, and one Canadian investment firm has taken notice. Cypherpunk Holdings, a Toronto-based investment firm, has been steadily accumulating SOL tokens since the second quarter of this year. Now, the firm has rebranded to SOL Strategies, reflecting its newfound focus on the Solana ecosystem. Cypherpunk Holdings first invested in SOL on July 6th, purchasing 6,131 tokens. Since then, the firm has increased its holdings tenfold and now holds 86,000 SOL tokens. The firm's investment in SOL reflects its belief in the long-term potential of the Solana blockchain and its ecosystem.