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- Sol Strategies Inc. acquires three SOL validators and the staking platform Stakewizcom.
- The company’s total staked SOL increases to 3.3 million.
- Laine founder Michael Hubbard joins as Chief Strategy Officer.
Sol Strategies Inc. has made a significant step in expanding its presence in the Solana ecosystem. The firm finalized an agreement on March 7, 2025, to acquire three Solana validators, one being Laine.
The deal also includes the acquisition of Stakewizcom, a top staking platform on Solana. Sol Strategies is now a market leader in blockchain infrastructure as a result of the acquisition. Sol Strategies’ staked SOL is currently 3.3 million, a 101% increase.
The company expands validator operations to better serve institutional investors by offering more secure staking services. Laine’s extensive infrastructure across multiple networks, including Solana, supplements Sol Strategies’ offering and allows it to contribute to decentralized finance.
CAD 35M deal Secures full Ownership
Sol Strategies Inc. recently made a significant step towards establishing a wider presence in the Solana ecosystem. The firm finalized an acquisition deal on 7th March 2025 to acquire three Solana validators, including Laine.
The deal also includes the acquisition of Stakewizcom, a top staking platform on Solana. This is a market leader in blockchain infrastructure as a consequence. Sol Strategies’ staked SOL is 3.3 million, a 101% increase.
The company extends validator operations to offer more secure staking services to better serve institutional investors. Laine’s extensive infrastructure on multiple networks, including Solana, supplements Sol Strategies’ offering and allows it to contribute to decentralized finance.
Michael Hubbard joins to drive growth
Michael Hubbard, the founder of Laine, will join Sol Strategies as Chief Strategy Officer due to the acquisition. Hubbard is an expert in validator operations and blockchain infrastructure. He developed industry-leading staking tools and analysis within the Solana ecosystem.
Stakewizcom, which Hubbard created, is a source of important insights into Solana staking. It allows users to monitor validator performance, receive real-time analysis, and get staking advice. All these help users make sound staking decisions. Hubbard’s background in network analysis will be important to its’ development in the future.
As Chief Strategy Officer, Hubbard will focus on expanding this’ validator business. His work will be to advance innovation, increase efficiency, and bring Laine’s technology into the firm’s platform seamlessly. His addition deepens Sol Strategies’ institutional offerings and solidifies leadership in Solana staking, advancing its purpose in decentralized networks.
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