DigitalX locks in $11.6m Solana deal to boost staking revenues and long-term yield

• DigitalX buys $11.6 million of Solana (SOL) at 15 per cent discount to market
• Staking via BitGo validator network to deliver 7 to 9 per cent yield
• Company’s digital asset treasury tops $78 million

Special Report: DigitalX has added more fuel to its blockchain engine, announcing the acquisition of 42,000 Solana tokens (SOL) in a deal worth $11.6 million executed at a 15 per cent discount to market rates.

This latest move expands the company’s digital asset treasury to $78 million, and forms part of its strategic shift to generate stable, recurring revenue from staking, turning digital assets into a growth engine and not just a store of value.

“This transaction continues our strategic shift towards building a more growth-oriented and yield-generating digital asset treasury,” said Demetrios Christou, Interim CEO of DigitalX (ASX:DCC).

“By acquiring Solana at a meaningful discount while also generating staking rewards, we’re positioning the company to benefit from Solana’s growing role in the blockchain ecosystem.”

Staking the future

All 42,000 SOL are staked via BitGo’s validator network, delivering a projected 7 to 9 per cent annual yield expected to generate an additional $800,000 per year in revenue for the company.

The tokens will vest monthly over a 32-month period, with the full allocation unlocked by January 2028 supporting a long-term strategic position in high-performance blockchain infrastructure. The entire 42,000 SOL will be accruing rewards from June 2025.

Building a high-yield, blockchain native treasury

DigitalX is the only ASX-listed crypto fund manager and has consistently differentiated itself through its innovative treasury model. The company manages Australia’s first spot Bitcoin ETF (ASX: BTXX) and recently expanded staking partnerships with SOL Strategies.

With Solana now making up a growing portion of its holdings, DigitalX is reweighting toward blockchains offering stronger revenue generating potential.

According to the company, Solana staking rewards are 3x greater than Ethereum’s, while Solana’s overall network metrics continue to strengthen, including five straight quarters of app revenue growth and seven consecutive quarters of increased transaction activity.

“DigitalX is architecting a treasury model that harnesses Solana’s revenue generating potential and anchoring itself with the foundation of Bitcoin’s security and resilience,” said Chairman Leigh Travers.

“This strategy is not just about growth. It’s a commitment to driving long term value for our shareholders in the digital economy.”

Leaner, smarter, yield focused

The move follows a string of positive updates from DigitalX in 2025 including:

• $318,000 in staking revenue in the March quarter
• A 23 percent reduction in operating costs
• Strategic partnerships to scale Solana infrastructure

With institutional grade custody, a growing treasury, and a differentiated focus on yield bearing digital assets, DigitalX continues to lead Australia’s public market exposure to the evolving crypto economy not through hype, but through strategic execution.

This article was developed in collaboration with DigitalX, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.