200 million token pump left for Australia

  • US 1.5 million dollars were paid for these tokens.

  • The company is confident and optimistic about the growth of Solana.

Companies continue to accumulate digital assets for their treasury. Now it is the turn of the Australian Fitell Corporation, a company specialized in the sale of gymnastics and fitness equipment.

This firm advertisement The acquisition of 216 million tokens pump.fun (pump)token of governance of the memecoins platform pump.fun, built on the Solana network.

For this purchase, Fitell Corporation disbursed 1.5 million dollars, an investment that reflects its confidence in the potential for the growth of Memecoins and the Solana infrastructure.

The company expressed its optimism about the future of Solana saying: “We are deepening our participation in Solana’s growth trajectory, while we diversify our portfolio of digital assets to position us and take advantage of the long -term growth opportunities for our shareholders,” said Sam Lu, executive director of Fitell.

Besides, Fitell plans to change his name to Solana Australia Corporationa decision that reflects its focus on consolidating itself as a key actor in the Solana ecosystem. Last September, the company advertisement An investment of 100 million dollars to establish its corporate treasury based in Solana.

The company also explained that acquired Sun assets will be guarded by Bitgo Trust Company, Inc. in the United States and will remain in staking through an institutional infrastructure. The company expects to generate significant yields through the use of these assets In decentralized finance strategies (DEFI) and Derfolio Derivatives, optimizing its portfolio.

In a broader context, interest in Solana -based treasures grows rapidly. As Cryptonoticias reported, 18 companies have adopted this strategy, accumulating 17 million sun, valued at 4,250 million dollars, as can be seen in the following graphic.

Forward Industries, a company that focuses on design for medical and technological sectors, leads this sector with 6.8 million sun, followed by Sharps Technology with 2.14 million and Development and Development with 2.14 million dollars.

Source link