BlockBeats news, on November 13, according to Cointelegraph, based on an announcement on November 12, cryptocurrency investment platform DeFi Technologies has established a new company named SolFi, aiming to become 'MicroStrategy of Solana.'

DeFi Technologies stated that its subsidiary SolFi is fully focused on 'providing investors direct access to the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments.' It added that SolFi will compete with existing SOL staking platforms, aiming to offer higher staking SOL yields.