Solana Scores Twin Institutional Wins With $1B Raise and First Public Liquid Staking Strategy

Solana’s SOL SOL got a double dose of institutional adoption this week as two publicly traded firms revealed major initiatives centered on the blockchain’s ecosystem — one targeting liquid staking, the other aiming to raise up to $1 billion for direct investment.Canada-listed Sol Strategies filed a preliminary base shelf prospectus on Tuesday to offer up to $1 billion in securities, including equity and debt, to deepen its exposure to Solana.There is no immediate plan to raise capital, but the filing provides the firm with flexibility to act quickly on future opportunities. The move comes just weeks after Sol Strategies secured a $500 million convertible note and spent its first $20 million tranche to purchase over 122,000 SOL source: https://www.coindesk.com/markets/2025/05/29/solana-scores-twin-institutional-wins-with-1b-raise-and-first-public-liquid-staking-strategy