Seoul Strategies in Canada Raises $25 Million for Solana Purchase and Staking Operations

Seoul Strategies, a blockchain investment firm based in Canada, announced plans to expand its investment in Solana (SOL) through unsecured trading credit.

According to foreign media reports on the 7th, Seoul Strategies has secured 25 million Canadian dollars through unsecured trading credit.

It is reported that Seoul Strategies has already withdrawn 4 million dollars out of the 25 million dollars. This will be used for the bulk purchase of Solana tokens and staking operations. Seoul Strategies is expected to provide strategic liquidity for decentralized finance, validator operations, and new Solana-based projects with the purchased tokens.

A representative from Seoul Strategies stated, "This investment reaffirms our commitment to the Solana ecosystem and enables us to drive innovation and growth within the blockchain space," adding, "Our mission is to create long-term value for investors by leveraging Solana's scalability and transformative potential."