The Toronto-based firm, formerly known as Cypherpunk Holdings, will buy the validators from Cogent Crypto, a high-performance validator operating within the Solana ecosystem, according to a statement on Thursday. The total value of the investment is nearly $18 million, broken into three tranches: $1 million cash and about $1 million in company shares at the closing of the deal, and the rest distributed over three years in shares, Sol Strategies said.
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Aoyon Ashraf
https://www.coindesk.com/business/2024/11/14/ex-valkyrie-ceo-leah-walds-investment-firm-buys-four-validators-including-solana-networks-for-nearly-18m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-11-14 20:30:00
