Solana treasury earns $2.5M in staking rewards but had to sell equity to raise $12M in cash for operations
Restaked rewards did not supply operating cash, while asset sales, a divestiture and equity financing supported the quarter. The post Solana treasury earns $2.5M in staking rewards but had to sell equity to raise $12M in cash for operations appeared first on CryptoSlate.
Key Takeaways
- Restaked rewards did not supply operating cash, while asset sales, a divestiture and equity financing supported the quarter.
- The post Solana treasury earns $2.5M in staking rewards but had to sell equity to raise $12M in cash for operations appeared first on CryptoSlate.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in DeFi
Galaxy lowers CLARITY Act odds to 10%
Galaxy cited unresolved ethics, stablecoin yield and developer protection issues, along with a narrow Senate window when lawmakers return in September.
Global Banks Pilot Tokenised Settlement on Shared Ledger
A consortium of global banks has begun piloting tokenised settlement of certain transactions on a shared ledger. The trial aims to test faster settlement and reduced operational friction for cross-border payments. Participants describe it as an early-stage…
Global Banks Pilot Tokenised Settlement on Shared Ledger
A consortium of global banks has begun piloting tokenised settlement of certain transactions on a shared ledger. The trial aims to test faster settlement and reduced operational friction for cross-border payments. Participants describe it as an early-stage…