GSR Leads $100 Million Investment in Nasdaq-Listed Upexi to Build Solana (SOL) Treasury and Support Crypto Asset Reserve Strategy

Crypto market maker GSR has led a $100 million private investment in Nasdaq-listed Upexi, Inc. This funding supports Upexi’s strategy to accumulate and stake the cryptocurrency Solana (SOL) as part of its crypto asset reserve. The investment aims to help Upexi build a Solana-based treasury, drive long-term asset growth, and deliver returns to shareholders. Upexi is repositioning itself by raising this capital to pivot towards holding and managing Solana assets. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant