Sol Strategies completed the acquisition of certain assets and four validators from Cogent Crypto.

Sol Strategies, a Canadian holding company that invests in the Solana blockchain and ecosystem, completed the acquisition of certain assets and four validators from Cogent Crypto, a high-performance validator operating within the Solana ecosystem. Financial terms were not disclosed. "For this next phase of Sol Strategies, we are focused on making the Company's first acquisition to advance the Company's long-term growth strategy. This acquisition will meaningfully expand Sol Strategies' staking capabilities, which underpins Solana's reputation as a next generation blockchain for institutional and decentralized applications alike. By building on Cogent Crypto's established role in the ecosystem, Sol Strategies is positioned to support the future of decentralized finance and drive long-term value creation for shareholders," Leah Wald, Sol Strategies CEO.