MemeStrategy makes first SOL investment with HK$2.9m

MemeStrategy, a publicly listed digital asset company in Asia, has acquired 2,440 units of Solana (SOL) for HK$2.9 million, strengthening its presence in the digital asset space.

While the cryptocurrency market is dominated by Bitcoin, this acquisition establishes MemeStrategy as the first Hong Kong-listed company to invest in the Solana ecosystem.

The transaction was executed at an average price of approximately HK$1,191 through OSL Group, a digital asset platform licensed by the Hong Kong Securities and Futures Commission. Supported by a compliance framework and institutional-grade infrastructure, OSL enables MemeStrategy to ensure the safety and reliability of its asset investments and custody while allowing it to access the tokenised economy.

MemeStrategy’s announcement also unveiled its strategic allocation of treasury reserves to SOL, which aims to leverage three key benefits: First, tapping into Solana’s growing ecosystem to secure critical resources for future Web3 infrastructure. Second, earning consistent staking rewards while contributing to network security and validation. Third, enhancing the flexibility and diversity of the company’s reserve assets.

In recent years, numerous publicly traded companies worldwide have incorporated Solana into their treasury reserve strategies. These include DeFi Development Corporation, Upexi, Sol Strategies, and Classover, all of which have adopted Solana as a primary reserve asset. Solana plays an important role in driving Web3 development and asset allocation, while also emerging as a new option for enterprise-level asset management.

Ray Chan, chairman and CEO of MemeStrategy, said: “Our strategic acquisition of 2,440 Solana units reflects our strong confidence in the long-term potential of this cryptocurrency. Solana is a leading blockchain project with wide-ranging applications, from decentralised platforms and real-world asset (RWA) tokenisation to AI-driven Web3 solutions. This investment aligns closely with our focus on AI, blockchain, validation technologies, and next-generation tech development, marking a significant step forward in MemeStrategy’s expansion into digital assets and the Web3 ecosystem.”

Ryan Miller, head of sales at OSLDS, said, “It is my pleasure to announce that another Hong Kong-listed company, has chosen OSL Digital Securities as its partner for digital asset trading and custody. In a market-first initiative, OSL is proud to facilitate MemeStrategy - the first Hong Kong-listed company to invest in the Solana ecosystem, marking OSL’s expansion beyond Bitcoin and Ethereum."

"This reflects growing market recognition of and commitment to high-potential cryptocurrency investments. This partnership underscores our commitment to supporting institutional adoption of diverse digital assets. Since onboarding our first listed client in 2021, OSL has established a strong track record in providing secure and compliant digital asset infrastructure for regulated entities," Miller added.

MARKETING-INTERACTIVE has reached out to MemeStrategy for more information.

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