SOL Strategies will provide collateral services for VanEck's Solana ETF.

SOL Strategies, the financial arm of Solana, announced that it will provide staking services for VanEck's Solana ETF. VanEck has selected SOL Strategies to stake the SOL tokens held in its ETF, which recently filed an 8-A form statement with the U.S. Securities and Exchange Commission (SEC). The staking will be conducted through an Orangefin validator node acquired by SOL Strategies last December.