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MemeStrategy of the founder of 9GAG increased by 29% after the first purchase of Solana.
MemeStrategy stocks have increased by 28.5% after becoming the first listed company in Hong Kong to invest in Solana, purchasing 2,440 SOL worth approximately 2.9 million HKD (368.820 USD) through the OSL platform. The transaction was made at an average price of 151.70 USD/SOL. The company stated that this investment is part of its strategy to expand into the Solana ecosystem, including participating in staking to enhance network security and receive rewards.
MemeStrategy – operated by 9GAG – highlights the potential of Solana in tokenizing real assets and Web3 applications that integrate AI. The company's stock (2440.HK) has risen to 2.70 HKD, raising the valuation to 652.5 million HKD (83.1 million USD).
Cantor Fitzgerald believes that Solana is suitable for tokenized securities, helping companies to ensure network security while increasing asset value through staking.