SOL STRATEGIES LAUNCHES STRATEGIC RESERVE WITH 52,181 JTO TOKENS
- SOL Strategies, a publicly traded Solana infrastructure firm based in Canada, unveiled its Strategic Ecosystem Reserve (SER), a long-term initiative to support high-impact projects within the Solana network.
- As its first move, the company added 52,181 $JTO tokens, backing @jito_sol governance token. Jito is Solana's top provider of MEV infrastructure and liquid staking.
- CEO Leah Wald says the SER isn’t about stacking coins. But, it’s about backing core teams and technology that power Solana’s transaction layer and future growth.
- Jito currently holds over $2.6 billion in total value locked, making it a cornerstone of Solana’s DeFi and MEV activity.
- SOL Strategies was also Jito’s first validator on mainnet back in 2022, reinforcing a long-standing relationship.
- In addition to maintaining its 420,706 $SOL treasury, the company plans to fund the SER with part of its validator revenue. More projects are expected to join the reserve soon.
- Wald emphasized that SER will help future-proof Solana’s backbone, with a focus on real infrastructure over hype.
- Last month, the company filed a $1B shelf prospectus with Canadian regulators, preparing to deploy capital when the right opportunities arise.
Image: Sol Strategies and Jito X platforms