MemeStrategy Becomes First HK-Listed Company to Invest in Solana

The transaction, valued at approximately HK$2.9 million, makes MemeStrategy the first company listed on the Hong Kong Stock Exchange to invest directly in the Solana ecosystem.

The acquisition was executed at an average price of approximately HK$1,191 per SOL. It was facilitated through OSL Group (863.HK), a licensed digital asset platform regulated by the Hong Kong Securities and Futures Commission. OSL also serves as the custodian for the assets, ensuring regulatory compliance and institutional-grade infrastructure.

The investment marks a strategic expansion of MemeStrategy’s digital asset holdings and reflects the company’s growing focus on blockchain-based infrastructure. Solana, a high-performance blockchain network known for its scalability and low-cost transactions, has gained significant traction among developers, institutions, and Web3 innovators.

Ray IMG TXT: MemeStrategy becomes the first HK-listed company to invest in the Solana ecosystem. Source: Crypto News

Chan, Chairman and CEO of MemeStrategy, said the decision to acquire Solana reflects the company’s confidence in the long-term viability of the blockchain. He noted that Solana’s applications in decentralized platforms, real-world asset (RWA) tokenization, and AI-integrated Web3 development align closely with MemeStrategy’s strategic priorities.

By integrating Solana into its reserves, the company aims to leverage three key benefits: access to a rapidly growing blockchain ecosystem, passive income through staking, and enhanced diversification of its digital asset portfolio. As part of Solana’s proof-of-stake network, MemeStrategy intends to participate in blockchain validation, contributing to network security while earning staking rewards.

The transaction was completed through OSL Digital Securities, a subsidiary of OSL Group and the first digital asset platform licensed by the Hong Kong SFC. 

This development comes amid growing momentum in the broader Web3 space. Recently, MemeCore, the first Layer 1 blockchain dedicated to the emerging Meme 2.0 movement, announced its strategic entry into the South Korean market through the acquisition of a KOSDAQ-listed company. Revealed on June 5, the move marks a pivotal step in MemeCore’s global expansion and reflects the growing focus on Asia’s dynamic and rapidly evolving digital asset landscape.

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