Sol Strategies, a Toronto-listed digital asset company focused on Solana, has placed its list with NASDAQ as it seeks access to the world’s largest economy.
According to a filing on Wednesday, the company submitted a 40-f form. 40-F Form is required from a Canadian company that wants to provide securities in the US if the company is approved by the SEC, which operates under Ticker STKE.
Once approved by the SEC, access to NASDAQ, the world’s second largest stock exchange, will allow the company to access.
Sol Strategies shares rose more than 4% on Wednesday to $2.38 Canadian dollar.
Sol Strategies has been increasing its Sol Investment. In May, it acquired 122,524 Sol for $18.25 million. Analysts at Cantor Fitzgerald said on Monday that companies investing in Solana could benefit from the coin being used more in the financial industry.
Read more: ETH better than Solana Treasury Strategy, companies buying Sol should trade at premium: Cantor