Odaily Planet Daily reports that Upexi, a Nasdaq-listed Solana treasury company, announced that it has reached a final agreement with an institutional investor to sell and issue 6,337,000 common shares and warrants at a price of $1.17 per share, raising a total of $7.4 million. The net proceeds from this offering will be used for working capital, general corporate purposes, and to expand its SOL token investment strategy. AGP/Alliance Global Partners will serve as the sole placement agent for the common shares and warrants. (Globenewswire)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Avici Launches Grow and Smart Credit Products for Yield Generation on Solana
Gate News message, April 23 — Self-custodial crypto neobank Avici has launched two new products, Grow and Smart Credit, in partnership with Jupiter Lend and Fluid.
Avici Grow allows users to deposit assets and earn yield with no lock-up period, enabling withdrawals at any time. Smart Credit
GateNews49m ago
Market maker GSR listed BESO ETF, tracks BTC, ETH, and SOL, and provides staking rewards
Institutional crypto market maker GSR launched its first crypto exchange-traded fund, the GSR Crypto Core3 ETF (ticker: BESO), on April 22. The fund tracks three assets: Bitcoin, Ethereum, and Solana, charges a management fee of 1%, and offers staking incentives. According to Nasdaq data, BESO’s trading volume on its first day was 185,574 shares, with a trading value of about $4.8 million.
MarketWhisper3h ago
Whale 0xb58 Posts $1.4M Unrealized Gains on BRENTOIL Long, $2.2M Loss on SOL Short
Gate News message, April 23 — A whale wallet address 0xb58 is currently holding a 3x leveraged long position in BRENTOIL with over $1.4 million in unrealized gains, according to Onchain Lens monitoring.
Simultaneously, the same whale maintains a 3x leveraged short position in SOL, which is
GateNews5h ago
Solana Mobile SKR Airdrop Q1 Claim Period Closes at 89.7% Redemption Rate
Solana Mobile's SKR first-quarter airdrop closed with 89.7% redemption; 90,000+ holders and 70% of circulating SKR staked, with 200 million unclaimed SKR slated for a future airdrop pool.
GateNews6h ago
Solana Co-Founder Toly Deploys Immutable Program, Destroys Admin Keys and Offers 5 SOL Bounty
Gate News message, April 23 — Solana co-founder Toly called for a "return to open-source immutable software" and expressed greater confidence than ever in removing admin keys. He deployed an immutable binary program called percolator and deposited approximately 5 SOL into its vault, with all admin k
GateNews7h ago
XRP Expands to Solana as wXRP Drives DeFi Access
Key Insights
Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger.
Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for
CryptoNewsLand16h ago
