PANews reported on January 9 that Sol Strategies Inc., a Canadian listed company, announced a private placement financing agreement of 27.5 million Canadian dollars with ParaFi Capital. The financing consists of convertible bond units, each unit including 1,000 Canadian dollars of bonds and 400 warrants. The funds raised will be mainly used to increase SOL token holdings and expand operations within the Solana ecosystem, which is consistent with the company's strategic focus on blockchain investment and staking activities.
Sol Strategies Announces $27.5 Million Private Placement Financing Agreement with ParaFi Capital
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