CoinVoice has recently learned that according to Coindesk, Sol Strategies (HODL), a crypto investment firm led by former Valkyrie Investment CEO and co-founder Leah Wald, has acquired four verification nodes for nearly $18 million in cash and shares.
The Toronto-based company, formerly known as Cypherpunk Holdings, plans to acquire the validators from Cogent Crypto, a high-performance validator node operator operating within the Solana ecosystem. According to a statement released Thursday, the total value of the investment is close to $18 million and will be paid in three phases: $1 million in cash and approximately $1 million in company shares upon closing, with the remainder to be distributed in shares over three years, Sol Strategies said.
The company will acquire the validator nodes of the Solana (SOL), Sui (SUI), Monad (MONAD), and ARCH (ARCH) networks from Cogent Crypto, with the majority of the funds focused on SOL. [Original link]
