Hong Kong Names Nasdaq-Listed Solana Company a Strategic Enterprise
Solana Company was selected under Hong Kong's OASES programme and plans to set up Solana validator operations in the city.
AfroEuropa Newsroom
AfroEuropa desk
Nasdaq-listed Solana Company (HSDT) has been named a strategic enterprise by Hong Kong's Office for Attracting Strategic Enterprises (OASES), according to reporting from BitKE and Cointelegraph.
The designation falls under a government programme that seeks to draw in businesses supporting economic growth as Hong Kong works to build out its digital asset and blockchain infrastructure sector. BitKE reported that Solana Company was the only blockchain infrastructure firm selected in the 2026 round.
The company said it intends to establish Solana validator operations in Hong Kong through its Pacific Backbone initiative, which is aimed at building a low-latency blockchain network across the Asia-Pacific region. According to BitKE, the strategic enterprise status brings support for dealing with government agencies and regulators, recruiting from overseas, and forming partnerships with local institutions.
Keep reading
Tether Posts $1.5 Billion Q3 2026 Profit as Excess Reserves Approach $8 Billion
The stablecoin issuer reported quarterly net operating profit of $1.5 billion and said its reserve buffer nearly doubled to close to $8 billion.
Other highlights
WhatsApp Rolls Out Group Status and Message-Sharing Updates
The messaging app introduced Group Status updates visible only to group members, along with tools to share old messages with new members and pin messages.
Follow the story
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe in one sharp email each morning. No spam, unsubscribe anytime.
