NEWTOWN, Pa., Oct. 10, 2025 (GLOBE NEWSWIRE) -- Solana Company, (NASDAQ:HSDT or “the Company"), formerly Helius Medical Technologies, Inc., today announced it has entered into agreements with Coinbase, BitGo and Anchorage Digital to serve as custodians as it continues amassing SOL, the native asset of the Solana Network, as part of its digital assets treasury strategy.
“As HSDT continues to operate as the preeminent SOL-focused treasury, establishing relationships with leading custodians like Coinbase, BitGo, and Anchorage Digital reflects our disciplined and scalable approach to maximizing shareholder value,” said Cosmo Jiang, General Partner at Pantera Capital and Board Observer at HSDT. “This custody framework significantly strengthens the foundation for HSDT’s strategy.”
“These custodial relationships strengthen HSDT’s ability to support the Solana ecosystem at scale and advance our vision of building a long-term cornerstone for the leading blockchain network,” said Joseph Chee, Executive Chairman of HSDT and Chairman of Summer Capital. “We are committed to the highest standards of institutional security and transparency while maximizing SOL per share.”
Solana has historically been the fastest-growing blockchain, leading the industry in transaction revenue and processing more than 3,500 transactions per second [1]. The network is also the most widely adopted, with an average of about 3.7 million daily active wallets and surpassing 23 billion transactions year-to-date [2]. SOL is financially productive by design, offering a ~7% native staking yield, whereas assets like BTC are non-yield-bearing. As an independent treasury company, HSDT’s mission is to support the growth and security of tokenized networks by serving as a long-term holder of $SOL, in addition to continuing the development of its neurotech and medical device operations.
About Solana Company
Solana Company (Nasdaq: HSDT) is a listed digital asset treasury dedicated to acquiring Solana (SOL), created in partnership with Pantera and Summer Capital. Focused on maximizing SOL per share by leveraging capital markets opportunities and onchain activity, Solana Company offers public market investors optimal exposure to Solana’s secular growth.