"SOL Global: Debt Cut, Staking Boost, Ventures Launched"

Sol Global Investments Corp. (CSE: SOL) (FSE: 9SB), a pioneering institutional investor in the Solana ecosystem, has announced its latest corporate highlights and achievements. The company, which is one of the first publicly traded companies focused on institutional Solana investments, has positioned itself as a key player in the Solana blockchain ecosystem and an emerging leader in venture capital.

Key corporate highlights include:

• Financial Milestones: SOL Global has strengthened its balance sheet by reducing debt by $12.9 million through a strategic debt settlement. The company expects to complete the spin-out transaction by February 28, 2025, substantially reducing debt. These actions have created a strong foundation for future growth and investment. The Company has successfully raised $18 million to deploy into the Solana ecosystem, investing in innovative projects and developers building on the network.
• Operational Achievements: Since November 2024, SOL Global has made significant strides in strengthening its focus on the Solana blockchain. The Company now owns 17,692 Solana (SOL) tokens, which are actively staked to support the network’s security and decentralization, generating a staking yield of 6.26% annually. SOL Global recently launched SOL Global Ventures, a dedicated venture capital arm focused on early-stage investments in transformative industries that align with the Company’s long-term strategy to invest in projects that offer scalability, innovation, and real-world utility. SOL Global Ventures has secured key partnerships with Solana-related technologies and instruments that support the blockchain and crypto ecosystem including Stay Inc., a technology-driven hospitality platform revolutionizing the travel and accommodation sector.
• Strategic Initiatives: Bridging the Gap Between the Capital Markets and Solana: SOL Global is focused on providing traditional public market investors with exposure to the Solana blockchain ecosystem, bridging the gap between cutting-edge blockchain technology and mainstream capital markets. The Company is dedicated to building a “Solana super company” that can capture the upside of one of the most significant technological and financial innovations in the history of cryptocurrency by leveraging the scalability and versatility of the Solana ecosystem. All of SOL Global’s recent financings have seen significant participation from institutional capital allocators and strategic investors, which the Company believes will be instrumental to continual growth. Corporate Rebranding: SOL Global recently launched its new