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Pantera-Backed Solana Company Accelerates PIPE Share Unlock After 60% Stock Drop
Solana Company (HSDT), backed by Pantera Capital, has moved up the unlock schedule for shares from its $500 million PIPE round following a nearly 60% drop in its stock price. The shares, originally purchased at $6.881, are now available for resale ahead of schedule. The company described the move as 'ripping the band-aid off' after the stock fell below the PIPE purchase price. According to the firm's statement on X, this action differentiates HSDT from other digital asset treasury firms choosing to delay.
10-21
10-21
MMA.INC Deploys Utility Token on Solana Testnet, Integrates NVIDIA AI for Training Analytics
MMA.INC launched its 'Get Paid to Train' utility token on the Solana testnet on Monday, aiming to test token economics and user experience across its global combat-sports network. The company began integrating NVIDIA's GPU-accelerated frameworks to enable real-time training validation and performance-based rewards. The testnet rollout includes over 75,000 active students and 800 verified gyms across 16 countries. MMA.INC plans to launch the token on mainnet in Q1 or Q2 2026, pending audit and test results.
10-21
10-21
Bolivia to Launch Blockchain Transparency Initiative Under President-Elect Rodrigo Paz Starting November 8
President-elect Rodrigo Paz will implement blockchain and smart contracts to secure public procurement in Bolivia starting November 8. The plan includes a crypto-based foreign-exchange stabilization fund to diversify reserves, according to the transition team. This approach avoids adopting Bitcoin as legal tender while creating a legal framework for digital asset holdings.
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