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coinpedia 2025-06-16 10:55:57

Hong Kong’s MemeStrategy Adds 2,440 Solana and 1 Bitcoin to Its Crypto Treasury

Hong Kong’s MemeStrategy Adds 2,440 Solana and 1 Bitcoin to Its Crypto Treasury

The post Hong Kong’s MemeStrategy Adds 2,440 Solana and 1 Bitcoin to Its Crypto Treasury appeared first on Coinpedia Fintech News Hong Kong’s digital asset company MemeStrategy has just made a big move —it became the first public company listed on the HK stock exchange to invest in Solana. MemeStrategy bought 2,440 SOL tokens, worth about HKD 2.9 million (around USD 370,000), using OSL Group, a government-approved crypto platform. This shows MemeStrategy is serious about getting into the crypto space and signals a big step forward for Hong Kong’s crypto scene, too. Just in: #MemeStrategy becomes Hong Kong’s first listed firm to invest in #Solana , buying 2,440 $SOL worth HKD 2.9M. #CoinPedia #CryptoNews #CryptoMarket #Blockchain pic.twitter.com/BO9hI1FngE — Coinpedia (@CoinpediaNews) June 16, 2025 Solana Joins Corporate Treasury Portfolios MemeStrategy’s investment in Solana is part of a larger trend where companies are diversifying their digital asset holdings beyond just Bitcoin. Similar to U.S.-listed firms like Upexi Inc. and Classover, MemeStrategy is adding Solana to its reserves. While the investment amount is modest, it shows increasing trust in alternative blockchain ecosystems like Solana. The platform’s proof-of-stake model, offering staking rewards and fast transaction speeds, makes it an attractive option for companies looking to integrate blockchain technology. Hong Kong Strengthens Its Crypto Credentials The transaction is seen as a major strategic move by MemeStrategy. It was carried out via OSL, the first platform licensed under Hong Kong’s Securities and Futures Commission (SFC) virtual asset trading framework. This underscores Hong Kong’s ambition to become a regulated hub for digital assets, setting itself apart from China’s strict crypto stance. Moving on, OSL also emphasized that this move marks its expansion into assets beyond Bitcoin and Ethereum, signaling a shift in institutional interest toward emerging ecosystems like Solana. As more regulated players enter the space, the infrastructure for corporate adoption in Asia continues to strengthen. A Gateway to Asia’s Crypto Future? With MemeStrategy stepping into Solana, Hong Kong could be setting the stage for institutional crypto adoption in Asia. While companies like MicroStrategy and Tesla led the way with big Bitcoin bets in the West, Asia is taking a more regulated and diversified approach. By embracing platforms like Solana through licensed channels, Hong Kong is signaling that it’s ready to support the next wave of global crypto adoption, one that reaches beyond just Bitcoin.

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