SOL Strategies Inc., a publicly traded Canadian company focused on the Solana ecosystem, has launched its Strategic Ecosystem Reserve (SER) initiative designed to identify, invest in, and support high-impact projects within the Solana ecosystem. To kick things off, the company has acquired 52,181.564 Jito ($JTO) tokens, worth over $100,000 for the reserve.
In a blog post announcing the initiative, Michael Hubbard, Chief Strategy Officer at Sol Strategies, noted, “This isn’t just about accumulating tokens; it’s about strategically backing the projects that are crucial to Solana’s growth and performance.” With more than $2.5 billion in Total Value Locked (TVL), Jito stands out as a prime example of such a project.
“Investing In The Infrastructure”
Jito is the leading provider of MEV infrastructure and liquid staking solutions on Solana. The first SER investment, being the acquisition of $JTO tokens, marks SOL Strategies’ belief in Jito’s role as a crucial piece of the network’s infrastructure.
Jito aims to minimize harmful MEV practices while advancing validator performance and protocol efficiency. The company’s development of Stakenet, along with its collaboration with Anza and Jump, positions it at the forefront of innovation within the Solana ecosystem.
SOL Strategies runs Jito-integrated validator clients, including Anza’s Agave and Jump’s Frankendancer. It also receives stake from the jitoSOL stakepool, which utilizes the $JTO token for governance.
Highlighting the significance of the partnership, Leah Wald, CEO of SOL Strategies, stated, “As a technology company focused on building the future of decentralized finance infrastructure, partnerships with foundational providers like Jito align perfectly with our vision. We’re not just investing in tokens — we’re investing in the infrastructure that is driving transaction processing for millions of Solana users while backing a team that is instrumental in driving forward innovation within the ecosystem.”
A Deepening Commitment to Solana
Since 2018, SOL Strategies has pursued blockchain innovation in public markets. Over the past year, the company has doubled down on Solana, calling it “the most promising blockchain infrastructure available today.”
SOL Strategies converted its treasury into $SOL and has steadily grown its validator operations. Through its validator and the acquisitions of Cogent, Orangefin, and Laine, the company now manages over 3.7 million $SOL in delegations. This includes its management of the PENGU validator on behalf of Pudgy Penguins.
The company also provides key infrastructure for the staking economy, which it considers the foundation of the Solana network. With about 1% of the total network stake flowing through its validators, SOL Strategies offers reliable and performant services to the ecosystem.
The new Strategic Ecosystem Reserve extends SOL Strategies’ focus beyond infrastructure into ecosystem-wide support. By funding the SER through validator revenue, the company ensures it preserves its core SOL treasury while still building strategic positions in high-potential projects.
What Comes Next?
SOL Strategies views the SER as a dynamic and evolving initiative. The company plans to evaluate additional infrastructure and DeFi projects, prioritizing those with strong ecosystem support and advancement. The SER aims to strengthen the performance and resilience of Solana, supporting both its core infrastructure and broader community.
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