Summary
- NASDAQ-listed Upexi announced it had increased its holdings of Solana (SOL) by 8.2% compared to the end of May.
- Upexi incorporated SOL for financial asset diversification and is currently reported to be achieving an 8% annual yield through staking.
- Upexi recently revealed plans to tokenize its own shares based on SOL, underscoring its active adoption of blockchain technology.
On the 8th (local time), crypto-specialized media The Block reported that Upexi, an e-commerce company listed on NASDAQ, increased its Solana (SOL) holdings by 8.2% compared to the end of May, bringing its total to 735,692 SOL.
Upexi included SOL as part of its financial asset diversification strategy and is currently reportedly achieving an annual yield of 8% through staking these assets.
Upexi is also taking proactive steps toward blockchain technology adoption, recently announcing plans to tokenize its own shares based on SOL.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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