In what can only be described as a major milestone, Sol Strategies – a publicly traded Canadian company leveraging investment opportunities in accrued rewards and Solana-based projects – has rolled out its first non-custodial mobile staking app through Orangefin Ventures.
Don’t forget to sol strategies complete Acquisition of Orangefin Ventures’ Validator late last year, bringing its total SOL to more than 1.5 million across its validations.
Being a blockchain infrastructure that specializes in validations and staking services, the acquisition of Orangefin Ventures by Sol Strategies further strengthens the latter’s revenue streams and footprint within the Solana ecosystem.
The newly launched mobile app from Orangefin Ventures, which is now live on the Solana dApp Store, offers a new and simpler approach to SOL, allowing investors to make the best use of their assets and accumulate high rewards directly from their mobile phones.
While the new solution promises an impressive payout of between 8 and 10 APY, it increases its appeal by giving investors full control over their assets – a notable feature that completely sets it apart from traditional staking platforms.
Leah Wald, CEO of Sol Strategies, describes the mobile app as a simple, secure, high-return solution.
Leah Wald, CEO of Sol Strategies, shared insights into the key components of the new mobile solution.
“This application will allow Solana investors the ability to get the most out of their Solana investments through a simple, secure, high-yield solution,” she said.
“As our first major technology initiative, this launch represents a pivotal step in our journey to invest in and foster innovation, enabling us to build cutting-edge solutions within blockchain infrastructure,” Wald added.
Likewise, Max Kaplan, founder of OrangeFin and head of staking at Sol Strategies, acknowledged Orangefin’s dedication to building first-level verification technology for the Solana community.
“With the resources and strategic expertise of Sol Strategies, we have taken everything we have built to new heights. This represents another step forward in our mission to deliver greater value and performance to the Solana ecosystem,” Kaplan said.
Meanwhile, the mobile storage app is also expected to go live on the Google Play Store and Apple App Store later this year, expanding its reach.
How Sol’s strategies establish themselves as a powerful force over Solana
With its highly skilled leadership and unwavering commitment to revolutionizing the cryptocurrency staking space, Sol Strategies has established itself as the primary access point to Solana.
Its Solana-focused strategy has been largely successful, as validators and infrastructure investments have driven the overall growth of the ecosystem.
Over the past six months, Sol Strategies has been involved in a series of auditor acquisitions. All of the acquisitions, including the most recent one – Orangefin Ventures – operate on Solana and are poised to drive sustainable growth in staking revenues within the blockchain.
Currently, the Canadian company now owns 1,505,145 Sol ($440,249,107 CAD) across all of its checks, of which it directly owns 142,801 Sol.
A few days ago, it completed a C$27.5 million private placement financing with ParaFi Capital. The financing, according to Sol Strategies, will be used to enhance SOL’s premium treasury holdings.
Sol Strategies is listed under the ticker symbol HODL on the Canadian Securities Exchange and CYFRF on the OTCPK. The stock price rose by 9% after the news of the launch of the Saging mobile application became public knowledge.
