SOL Strategies partners with Netcoins for Solana staking services

SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) announced a partnership with Netcoins, a regulated Canadian cryptocurrency exchange, to provide Solana staking validator services. Netcoins, a subsidiary of BIGG Digital Assets Inc. (TSXV: BIGG), selected SOL Strategies as its staking validator partner for retail customer services.

Under the agreement, Netcoins will transition its Solana staking operations to SOL Strategies' validator infrastructure. The partnership aims to provide Netcoins' customers with staking yields while maintaining regulatory compliance required by Canadian securities regulations.

"Regulated exchanges like Netcoins need industry leading partners who can provide high yielding tech within institutional compliance frameworks," said Andrew McDonald, Chief Operating Officer of SOL Strategies. "We've built our validator operations to meet those dual requirements."

Fraser Matthews, CEO of Netcoins, stated that selecting a staking validator partner required evaluation of technical infrastructure, operational reliability, and institutional credibility. He noted that SOL Strategies demonstrated strength across these dimensions.

SOL Strategies operates four validators serving over 15,000 unique wallets, including institutional clients accessible through BitGo and Crypto.com custodians. The company's clients include Ark Invest's Digital Asset Revolutions Fund and has partnerships with Pudgy Penguins and Solana Mobile.

The information is based on a press release statement from SOL Strategies.

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