PANews reported on October 22, according to CoinDesk, that Solana's crypto governance hub Realms is now managed by a new entity called 'Realms Today Trust', as the project separates from Solana Labs, with its new leadership aiming for profitability.

Dean Pappas, one of the long-term contributors to Realms and a leader of the spin-off company, stated: 'We need to develop profitable services in order to continue.' Pappas further stated that Realms' new 'mission' will not affect the 'public goods' relied upon by dozens of Solana-based DAOs, as governance tools that empower project token holders with a voice in project operations will remain free, but other new features will not be free. Realms is launching crypto consulting services to help DAOs establish their governance structures. The company registration consulting hotline will assist them in creating legal structures and bank accounts. They will also receive a credit card so they can spend from their crypto treasury. Realms also plans to provide $200,000 in funding to Solana DAOs to support emerging DAOs. Pappas declined to disclose the source of the funds.

The Realms team currently has 12 full-time employees and plans to further expand. They intend to build more front-end interfaces for different tokenized governance use cases, which will change the current one-size-fits-all approach of the website as mentioned by Pappas. Certain elements of Solana's SPL token governance standard may also change. The codebase is open-source and accessible to anyone. Realms plans to fork it — a step towards building something new.