ChainCatcher news, according to The Block, e-commerce company Upexi will be using BitGo to custody its Solana (SOL) assets, which have reached a scale of $100 million, and will engage in OTC trading and staking.Recently, Upexi purchased 326,000 locked SOL at an average price of $135.22, bringing its total holdings to 595,000 SOL. The company plans to stake these SOL tokens to earn protocol reward yields and has a $100 million investment commitment supported by GSR for purchasing more SOL.

ChainCatcher news, according to market data, the stock price of Nasdaq-listed company Upexi has risen by 567.59%, currently reported at $15.15.ChainCatcher previously reported that crypto market maker GSR announced a $100 million private equity investment in Nasdaq-listed company Upexi, Inc.

ChainCatcher news, reported by Chainwire, cryptocurrency market maker GSR announced a $100 million private equity investment in Nasdaq-listed company Upexi, Inc.Upexi is a brand owner focused on the development, manufacturing, and distribution of consumer products. This investment comes after Upexi announced a strategic shift towards a cryptocurrency-based financial strategy, aimed at creating long-term value and returns for shareholders. Upexi has committed to developing a Solana financial strategy, which includes increasing and staking Solana holdings.