ChainCatcher reported that Sol Strategies, a Canadian-listed Solana blockchain and ecological infrastructure company, announced the acquisition of Orangefin Ventures, an on-chain validator service provider. The specific acquisition amount has not been disclosed. Orangefin Ventures founder Max Kaplan will join the company as head of the staking business.

According to disclosed data, after the completion of this acquisition, the number of SOL tokens staked by Sol Strategies in its validator business has increased to 1,505,145, with a value of over 400 million Canadian dollars.