Nasdaq-listado upexi (UPXI)A consumer company with a Cryptographic Treasury strategy centered on Solana
He said Thursday that he will token his actions recorded in the SEC in the Solana Red.
The firm has taken advantage of the Bell opening, the tokenized capital issuance platform developed by Digital Asset Manager Superstate and initially available in Solana.
Read more: Superstate expands in tokenized actions; SOL Strategies to be the first list
Tokenized actions can negotiate throughout the day, establish themselves in real time and stay in cryptographic wallets. It is one of the latest trends within the booming tokenization sector, with companies such as Kraken, Coinbase and Robinhood looking to participate in it.
The company also revealed that it added about 56,000 Sun to its treasure during the last month, which takes total holdings to 735,692 Sol, for a value of approximately $ 105 million.
UPEXI is part of the growing picture of companies that are quoted in the stock market that invest in cryptocurrencies, seeking to emulate the success of Michael Saylor’s strategy, the largest corporate owner of Bitcoin
. The firm turned to a Solana Treasury strategy in April by raising $ 100 million in a private placement directed by the GSR GSR.
