SOL Strategies is raising approximately 19 million USD through debt financing via ParaFi Capital. The funding is earmarked to procure more SOL tokens and improve Solana staking infrastructure. This is part of their strategic move announced this week.

The firm is issuing unsecured convertible debenture units allowing conversion into equity, alongside a 2.5% annual yield paid semi-annually in cash or shares. This move supports investment in staking rewards and positions the company strongly within decentralized finance.