Sol Strategies completed the acquisition of Laine and stakewiz.com for CAD35m.

Sol Strategies, a Canadian investment firm focused on the Solana ecosystem, completed the acquisition of Laine, a validator on the Solana blockchain, and stakewiz.com, a Solana data analytics platform, for CAD35m. “This acquisition represents a pivotal step forward for Sol Strategies, enhancing our business across three critical dimensions. The integration of Laine’s validator assets significantly scales our staking infrastructure and solidifies our position as a leader in institutional staking. Stakewiz.com brings unparalleled transparency and engagement tools, setting a new standard for the customer experience in staking analytics. And with the addition of Michael Hubbard-an industry veteran with deep expertise in the Solana ecosystem-our leadership team gains a seasoned innovator who will help navigate emerging opportunities and drive strategic expansion in this rapidly evolving space. Together, these advancements propel Sol Strategies to new heights in staking infrastructure and innovation,” Leah Wald, Sol Strategies CEO.