NEWTOWN, PA — Solana Company (NASDAQ: HSDT), formerly Helius Medical Technologies, Inc., announced new agreements with Coinbase, BitGo, and Anchorage Digital to act as custodians for its growing Solana (SOL) holdings, advancing its digital asset treasury strategy.
The partnerships mark a significant step in the company’s effort to strengthen institutional safeguards around its expanding Solana portfolio. HSDT, which has positioned itself as a SOL-focused treasury entity, aims to enhance shareholder value through disciplined digital asset management and scalable operational infrastructure.
“As HSDT continues to operate as the preeminent SOL-focused treasury, establishing relationships with leading custodians like Coinbase, BitGo, and Anchorage Digital reflects our disciplined and scalable approach to maximizing shareholder value,” said Cosmo Jiang, General Partner at Pantera Capital and Board Observer at HSDT.
Executive Chairman Joseph Chee said the move underscores the company’s commitment to transparency and long-term ecosystem support. “These custodial relationships strengthen HSDT’s ability to support the Solana ecosystem at scale and advance our vision of building a long-term cornerstone for the leading blockchain network,” Chee said. “We are committed to the highest standards of institutional security and transparency while maximizing SOL per share.”
Solana remains one of the blockchain industry’s fastest-growing networks, processing more than 3,500 transactions per second and hosting an average of 3.7 million daily active wallets. The network has surpassed 23 billion transactions year-to-date and generates consistent transaction revenue. SOL, its native asset, offers a roughly 7 percent native staking yield, distinguishing it from non-yield-bearing cryptocurrencies such as Bitcoin.
HSDT’s evolving strategy aims to combine its legacy medical technology operations with its growing role as a digital asset treasury company, positioning it as a long-term institutional participant in the Solana ecosystem.
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