Appeans of stock increases over 450% after investing on return to Solana Treasury Plan
Upeksi Inc. It rose more than 450% in trade on Monday after the CRIPTO investment company GSR announced private investments in the amount of 100 million dollars.
Financing will support the displacement of the Upeksi to the Kruptocurrencial Treasury Strategy, toward to the company’s announcement.
Investment, made by private investment in public capital, signifies the latest GSR move to integrate traditional finances with digital funds.
Upeksa, the owner of the product consumer, said he plans to accumulate and invest Solana (Salt) To create long-term returns for shareholders.
After the news was broken, the stock rose to $ 13.95 on Monday.
“This investment emphasizes growing demand for an efficient, safe approach to high-quality crattiful funds in public markets,” Brian Rudick, Head of Research on GSR.
Jakob Palmstierna, President of the GSR, said that the agreement was reflected in the future of the company definiteness “and commitment to the provision of capital, liquidity and strategic support.
Solana as a treasury means
Upeksi’s strategy can be positioned as one of the first public companies adopting Solana as the basic property of the vault.
Recent move Mirrors is JanoverMamdanija Real Estate Company. 7. April Janover announced that the executives of Kraken gained a control stake and provided $ 42 million in funding.
The company has revealed its intention to remand as defined by the Default Solic Sol Token as its basic means of vault.
After this announcement, the price of the company’s stock called $ 4.44 to close to $ 40.25, which represents an extraordinary 842% win.
Janover’s Stock hit $ 79.50 in mid-April, and more than 1200%, but currently traded in the amount of $ 49.50.
GSR’s support in Upeksi adds a wave of institutional efforts to invest capital in Blockchain ecosystems, especially Solan, which recently saw an increase in developers’ activities and ecosystem growth.
The move also attracted the support of the Solan Foundation. President Lili Liu noticed that as a sign of an increase in institutional interest for the infrastructure of Blockschain and convergence of traditional financial and decentralized finances.
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2025-04-21 17:40:00
