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Wu Blockchain Year-End Dialogue: Solana Foundation, TON Foundation, Dragonfly, OKX Ventures
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Canadian publicly traded company Sol Strategies announced a CAD 25 million unsecured revolving credit facility to invest in the Solana ecosystem. The funds will be used for large-scale purchases of Solana tokens to support staking operations and acquisitions. As of the end of 2024, the company has staked over 1.5 million SOL tokens, valued at approximately CAD 450 million, including 140,000 SOL owned directly by the company.
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Aleš Michl, the governor of the Czech National Bank, said that they are considering buying a small amount of Bitcoin as a diversification strategy for foreign exchange reserves. The decision needs to be approved by the seven members of the CNB Board of Directors. In addition, it is planned to increase the proportion of gold reserves to total assets to 5% by 2028.
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Binance Futures will launch COOKIEUSDT, ALCHUSDT and SWARMSUSDT perpetual contracts with up to 75x leverage. https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-cookieusdt-alchusdt-and-swarmsusdt-perpetual-contracts-with-up-to-75x-leverage-681bdbc5f5aa4f24bad0f4cd931c0670
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