Publicly traded companies raise $1 billion to bet on Solana, digital assets are becoming a standard configuration for mainstream institutions.

Recently, a listed company submitted a temporary suspension registration application to the SEC, intending to raise up to $1 billion. How will this money be spent? In addition to daily operations and some acquisitions, the focus is on asset management for Solana.

Specifically, their strategy involves a large-scale acquisition, holding, and staking of SOL tokens. This is not just short-term speculation, but rather integrating SOL as part of the long-term asset allocation into the company's balance sheet. This move joins them into a relatively niche but interesting club - those publicly traded companies that treat digital assets as a core strategy.

From a market perspective, this reflects a significant increase in the recognition of the Solana ecosystem by traditional financial institutions. When big money starts to enter the market and hold positions for the long term, it does provide some support for the development expectations of the SOL ecosystem.