-+ 0.00%
-+ 0.00%
-+ 0.00%
Solana received strategic certification from the Hong Kong government and landed its Asia Pacific headquarters
Share
Listen to the news

According to Woofun AI, Solana Company (HSDT.US) was officially recognized as a strategic enterprise by the Hong Kong Special Administrative Region Government through the introduction of the Key Enterprise Office (OASES), and confirmed the upgrade of the Hong Kong office to the Asia Pacific headquarters on October 27.

This certification stems from the 7th batch of lists announced on October 22. A total of 18 companies were included in this batch, bringing the total number of OASES plans to introduce 142. Notably, Solana Company (HSDT.US) was the only blockchain infrastructure company to receive this certification in 2026. Looking at the business layout, the company plans to operate Solana verification nodes in Hong Kong through Pacific Backbone plans to strengthen its local technology presence.

According to data compiled by Woofun AI, its balance sheet disclosed in September included 2.3 million SOL and $2.3 million in cash and stablecoins to provide liquidity support for infrastructure expansion.

It should be clarified that OASES certification is an investment promotion arrangement, not a regulatory license. This means that Solana Company (HSDT.US) must still strictly abide by the existing regulatory framework in Hong Kong when carrying out related business in Hong Kong. This is a key card position for infrastructure giants in Asia's core financial centers following a number of crypto institutions seeking compliance and implementation.


Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending