When was Sol Strategies founded?

Sol Strategies was founded in 2018 and raised its 1st funding round 6 years after it was founded.

Where is Sol Strategies located?

Sol Strategies is headquartered in Scarborough, Canada.

How many employees does Sol Strategies have?

As of May 27, 2025, the latest employee count at Sol Strategies is 49.

Is Sol Strategies a funded company?

Sol Strategies is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Nov 25, 2024.

When was the latest funding round of Sol Strategies?

Sol Strategies' latest funding was a $***** Post IPO round on Apr 25, 2025, with participation from 1 investor.

Where does Sol Strategies rank among its competitors?

Sol Strategies ranks 10th amongst 93 active competitors, of which 19 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Babylon Labs, which secured $15M in Jan, 2026.

Who are the top competitors of Sol Strategies?

Sol Strategies' top competitors include Lido, EigenLayer and CyberConnect. Among them, Babylon Labs secured the most recent funding round in January, 2026.

Sol Strategies - 2026 Company Profile, Funding & Competitors

Company Details

Provider of validator infrastructure and staking services for blockchain networks. The firm manages enterprise-grade validator systems to support network security and compliance. It offers liquid staking tokens, zero-knowledge proof systems for private transaction verification, and cross-chain swapping technology. The infrastructure includes monitoring, reporting, and management tools designed for institutional investors, funds, and ecosystem partners. These solutions facilitate decentralized finance participation, asset staking, and secure transaction execution within the blockchain ecosystem.

Key Metrics

Founded Year

2018

Location

Scarborough, Canada

Stage

Public

Latest Funding Round

Post IPO, Apr 25, 2025, $*****

Investors

ATW Partners & 1 more

Ranked

10^th among 93 active competitors

Employee Count

49 as on May 27, 2025

Investment & Acquisitions

Houdini Swap & 2 more

Similar Companies

Lido & 44 more

Exit Details

Public

View Sol Strategies' full profile

Sol Strategies got listed on May 14, 2012.

Click here to take a look at Sol Strategies's IPO in detail

Sol Strategies has raised funding over 3 rounds. Its first funding round was on Nov 25, 2024. Its latest funding round was a Post IPO round on Apr 25, 2025 for $*****. 1 investor participated in its latest round. Sol Strategies has 2 institutional investors.

Here is the list of recent funding rounds of Sol Strategies:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 25, 2025	4099531	Post IPO	8914448	9439286	7960820	6338501
Jan 16, 2025	1895360	Post IPO	3671172	4490458	6100872	ParaFi
Nov 25, 2024	3067558	Post IPO	5880164	5715604	5450184	6572713

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Sol Strategies' employee count trend

Sol Strategies has 49 employees as of May 25. Here is Sol Strategies's employee count trend over the years:

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Top competitors of Sol Strategies include Lido, EigenLayer and CyberConnect. Here is the list of Top 10 competitors of Sol Strategies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lido 2020, Finland, Series A	Non-custodial staking solution for cryptocurrencies	$72M	ParaFi, Semantic Ventures & 21 others	63/100
2nd	EigenLayer 2021, Seattle (United States), Series B	Provider of verifiable cloud computing platform	$241M	Andreessen Horowitz, Polychain & 26 others	62/100
3rd	CyberConnect 2021, Palo Alto (United States), Series A	Web3 social network platform	$25M	Sky9 Capital, INCE CAPITAL & 25 others	62/100
4th	P2P 2018, George Town (Cayman Islands), Series A	Provider of a non-custodial staking platform for cryptocurrencies	$23M	Jump Crypto, Sygnum & 2 others	60/100
5th	Babylon Labs 2022, Palo Alto (United States), Series B	Blockchain-based platform offering security-sharing protocols	$15M	HashKey Capital, a16zcrypto	53/100
6th	Jito Labs 2021, United States, Series A	Software for validators to earn more rewards with mining	$12.1M	Framework Ventures, Multicoin Capital & 11 others	51/100
7th	Stakin 2005, Tallinn (Estonia), Acquired	Online platform offering infrastructure for public PoS blockchain networks	-	-	51/100
8th	Stargate 2021, Switzerland, Acquired	Online composable liquidity transport protocol	-	Wave Financial, Qode Ventures & 3 others	49/100
9th	Blast 2011, British Virgin Islands, Series A	Provider of blockchain ecosystem offering staking solutions	$5M	CGV, Paradigm	47/100
10th	Sol Strategies 2018, Scarborough (Canada), Public	Provider of validator infrastructure and staking services for blockchain networks	-	ATW Partners, ParaFi	46/100

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Sol Strategies has made 1 investment in Classover and acquired Houdini Swap and Darklake.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 04, 2026	Acquisition	Houdini Swap	2022	Charlestown (Saint Kitts And Nevis)
Apr 08, 2026	Acquisition	Darklake	2024	Singapore (Singapore)
May 01, 2025	Investments	Classover	2002	New York City (United States)