SOL Strategies received approval to list its shares on Nasdaq under the ticker STKE, Blockworks has learned exclusively.

SOL Strategies became the first Solana treasury company after rebranding from Cypherpunk Holdings in September 2024. Its stock currently only trades in Canada, however, and the company’s net asset value has been passed by a trio of newer US-based Solana DATs.

Following years of uninspiring stock returns, the Canadian crypto holding company Cypherpunk Holdings tapped board member and ex-Valkyrie CEO Leah Wald as CEO last summer. After taking the reins, Wald remade the company into a Solana DAT — several months before DAT mania took hold of Wall…

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