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Solana

Hong Kong Names Solana Company a Strategic Enterprise

Nasdaq-listed Solana Company has been named a strategic enterprise by the Hong Kong government and plans to establish validator operations.

Hong Kong Names Solana Company a Strategic Enterprise
Image: BullishMarketCap

Hong Kong has designated Nasdaq-listed Solana Company (HSDT) as a strategic enterprise under a government program aimed at attracting businesses that support the city's economic development, according to Cointelegraph.

Solana Company stated Thursday that it was selected among the seventh batch of businesses chosen by Hong Kong’s Office for Attracting Strategic Enterprises (OASES). The firm noted it is the only blockchain infrastructure company onboarded by the office in 2026. Hong Kong’s government confirmed the addition of 18 enterprises to the program last week, bringing its total to 142.

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Government Support and Operations

A Solana Company spokesperson told Cointelegraph that the designation provides the firm with a single point of contact across government agencies and regulators, expedited pathways for recruiting overseas talent, and introductions to local institutional partners.

The company operates staking and validator infrastructure, advises financial institutions on blockchain adoption, and holds Solana ($SOL) as part of its digital asset treasury strategy. Solana Company plans to establish validator operations in Hong Kong under Pacific Backbone, an initiative designed to build a low-latency blockchain infrastructure network across the Asia-Pacific region.

Key Facts

  • Nasdaq-listed Solana Company (HSDT) named a strategic enterprise by Hong Kong's OASES.
  • The firm is the only blockchain infrastructure company onboarded by the office in 2026.
  • Hong Kong added 18 enterprises, bringing the total program count to 142.
  • The designation offers a single point of contact, talent recruitment pathways, and institutional introductions.
  • Operations in Hong Kong will fall under the Pacific Backbone low-latency infrastructure initiative.
$SOL#Solana#HongKong#Crypto

Source: cointelegraph.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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