" title="DeFi Technologies launches SolFi as “Microstrategy for Solana”
SolFi is a spinoff of the crypto investment platform focused exclusively on Solana, DeFi Technologies said.
DeFi Technologies, a cryptocurrency investing platform, has created a new company called SolFi designed to be a “Microstrategy for Solana” (SOL), according to a Nov. 12 announcement.
SolFi is a spin-off of DeFi Technologies focused entirely on “providing investors with direct exposure to the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments,” DeFi Technologies said.
SolFi will compete with existing SOL staking platforms and aims to differentiate itself by earning higher yields on staked SOL than peers, DeFi Technologies said.
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Author: Alex O’Donnell
