The Good Tech Companies - GSR Leads $100M Private Placement Into Upexi, Inc. To Back Solana-Based Treasury Strategy

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. GSR Leads $100 Million Private Placement into UPEC-C, Inc. To Back Solana-Based Treasury Strategy, by Chainwire. New York, New York, April 21, 2025, Chainwire, GSR, a leading crypto trading and investment firm, today announced it has anchored AU$100 million private investment in public equity, Pipe, into UPXE, Inc., Nasdaq, UPXI, a brand owner specializing in the development, manufacturing, and distribution of consumer products. The investment follows UPXE's announcement of a strategic shift toward a cryptocurrency-based

Starting point is 00:00:42 treasury strategy aimed at generating long-term appreciation and yield for shareholders. UPEXE has committed to the establishment of a Solana treasury strategy that includes the accumulation and staking of Solana. The investment underscores GSR's confidence in Solana as a leading high-performance blockchain and GSR's mission to bridge the gap between traditional capital markets and the digital asset ecosystem. Greater than this investment highlights the growing demand for efficient, secure access to greater than high-quality crypto assets in public markets, said Brian Rudick, head of research at GSR. Greater than Solana's speed, scalability,

Starting point is 00:01:19 and vibrant developer ecosystem make it an ideal greater than foundation for long-term growth and we are honored to help accelerate the greater than integration of digital assets into institutional portfolios. Greater than. We're proud to lead this investment and support a bold strategy centered greater than around Solana, reflecting our deep belief in the future of DeFi and our greater than commitment to growing the crypto ecosystem at every level," said Yakub Palmstierna, president, GSR. At GSR, we back founders, protocols, and greater-than-builders not just with capital, but with expertise, liquidity, and real greater-than-long-term support. This is a meaningful step forward, and just one part of greater-than-our-broadier mission

Starting point is 00:02:00 to help unlock the full potential of digital assets. Greater than, it's encouraging to see institutions exploring blockchain infrastructure in greater than meaningful ways, said Lily Liu, president, Solana Foundation. GSR and greater than upexis announcement highlights growing interest in using Solana for greater than real-world financial applications, and it's another signal of how traditional greater-than-finance and DeFi are starting to intersect. GSR continues to invest in the broader digital asset ecosystem, offering capital solutions, liquidity, and strategic advisory services to partners at all stages of growth. About GSR, the GSR Group brings over a decade of experience as a leading digital asset liquidity provider and multi-stage investor. Our full spectrum offering includes OTC trading, market making, and treasury management.

Starting point is 00:02:50 Deeply embedded in the digital asset ecosystem, we work with token issuers, institutional investors, and top-tier trading venues. Beyond capital, we deliver strategic insight, deep liquidity, and long-term partnerships to the founders, protocols, and platforms shaping the future of crypto markets. Follow GSR on X. Visit www.gsr.io for more information. Contact VP Public Relations Hailey Malangagsirhali.malanga at gsr.io. Tip This story was distributed as a release by Chainwire under Hacker Noon's Business Blogging program.

Starting point is 00:03:25 Learn more about the program here. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.

The Good Tech Companies - GSR Leads $100M Private Placement Into Upexi, Inc. To Back Solana-Based Treasury Strategy

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.