Solana Company Secures Custody with Top Crypto Firms

Key Points:

Solana Company partners with Coinbase, BitGo, and Anchorage Digital.
Boosts confidence in SOL as a treasury asset.
Reflects increased institutional interest in cryptocurrencies.

Solana Company (NASDAQ: HSDT) has partnered with Coinbase, BitGo, and Anchorage Digital to manage its SOL treasury, as announced in early October 2025.

The agreement underscores a growing trend of institutional crypto adoption, potentially boosting market confidence and further integrating SOL into corporate finance strategies.

Solana Company has reached a custody agreement with Coinbase, BitGo, and Anchorage Digital to manage its SOL treasury. This move comes as Solana Company aims to leverage its cryptocurrency holdings for corporate treasury management.

Solana Company, formerly known as Helius Medical Technologies, is listed as NASDAQ: HSDT. The firm has confirmed these partnerships without additional commentary from its leadership, relying on press releases and regulatory documents for dissemination.

The agreement positions SOL as a key treasury asset, signaling investor confidence and impacting market perception positively. While exact figures haven’t been disclosed, the arrangement introduces a precedent similar to MicroStrategy’s BTC strategy.

Financially, this strategic move echoes a broader trend of crypto adoption among public companies, pointing toward future regulatory scrutiny. Solana Company’s treasury vehicle indicates 23B transactions YTD, showcasing significant on-chain activity.

Historical trends suggest rising institutional interest could result in modest increases in SOL’s total value locked and liquidity. However, direct impacts will depend on further regulatory and market responses.

Potential financial outcomes include heightened SOL visibility as a financial asset, though regulatory frameworks still require clearer documentation. Institutional participation in cryptocurrency custody remains under observation for broader market dynamics.