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LONDON - Vault Ventures Plc (AQSE:VULT) announced Thursday it will add Solana to its digital assets treasury strategy, expanding beyond its existing Bitcoin and Ethereum holdings.
The London-based blockchain and fintech company said the addition of Solana aims to diversify its treasury management approach. Vault cited Solana’s high-performance blockchain platform and ecosystem as factors in the decision.
"Vault’s expanded treasury strategy, which will incorporate Solana alongside Ethereum and Bitcoin, demonstrates our commitment to innovation and long-term value creation and will support the operations and growth of the business," said Brian Stockbridge, Chair of Vault Ventures, in the press release.
The company, which specializes in developing early-stage technology businesses primarily in blockchain and fintech sectors, previously adopted Ethereum and Bitcoin as core components of its treasury policy.
Vault Ventures trades on the Aquis Stock Exchange under the ticker VULT. The company indicated the move represents the next step in enhancing its digital asset strategy for capital management.
The announcement comes as more companies explore alternative treasury management strategies involving digital assets. According to the press release, Vault believes Solana offers attractive staking yields and has growing institutional adoption.
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