Market Cap: $3.2495T 2.580%
Volume(24h): $110.7413B -18.530%
  • Market Cap: $3.2495T 2.580%
  • Volume(24h): $110.7413B -18.530%
  • Fear & Greed Index:
  • Market Cap: $3.2495T 2.580%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$104654.464793 USD

2.47%

ethereum
ethereum

$2482.196122 USD

1.96%

tether
tether

$1.000892 USD

0.06%

xrp
xrp

$2.172204 USD

3.01%

bnb
bnb

$645.665986 USD

1.55%

solana
solana

$148.547704 USD

1.62%

usd-coin
usd-coin

$0.999890 USD

0.00%

dogecoin
dogecoin

$0.181008 USD

5.22%

tron
tron

$0.278244 USD

0.72%

cardano
cardano

$0.658362 USD

4.58%

hyperliquid
hyperliquid

$33.402451 USD

-1.57%

sui
sui

$3.243792 USD

9.23%

chainlink
chainlink

$13.703476 USD

4.93%

avalanche
avalanche

$19.876159 USD

5.04%

unus-sed-leo
unus-sed-leo

$8.988912 USD

2.86%

Cryptocurrency News Articles

title: BitGo Partners with Upexi to Expand the E-commerce Company's Solana Token Treasury

May 13, 2025 at 11:24 pm

BitGo, the major crypto custodian looking to go public, has inked a deal with Upexi, the e-commerce company that sells products ranging from medicinal mushroom extracts to dog grooming kits

title: BitGo Partners with Upexi to Expand the E-commerce Company's Solana Token Treasury

BitGo, the major crypto custodian looking to go public, has inked a deal with Upexi (UPXI) to provide custodial and trading services for the startup’s Solana (SOL) token treasury.

BitGo, the major crypto custodian looking to go public, has inked a deal with Upexi (UPXI) to provide custodial and trading services for the startup’s Solana (SOL) token treasury.

The deal comes a day after Upexi announced it had practically doubled its Solana position to over 595,000 SOL tokens, worth approximately $100 million.

Like other firms, including SOL Strategies and DeFi Development Corporation, Upexi will stake its SOL holdings to earn revenue from protocol rewards.

Like other firms, including SOL Strategies and DeFi Development Corporation, Upexi will stake its SOL holdings to earn revenue from protocol rewards.

"We are excited to continue expanding our digital asset strategy and treasury management with the addition of BitGo's industry-leading custodial and OTC trading services," Upexi CEO Andres Ionescu said in a statement. "This partnership aligns perfectly with our strategy to diversify and enhance shareholder value by investing in a basket of cryptocurrencies."

"As both public and private companies continue to expand allocation of corporate treasury assets to bitcoin and other digital assets, we are excited to work with Upexi to provide a safe and secure environment for not only the organization but also its shareholders," BitGo Director Nathan Stump said in the statement.

"As both public and private companies continue to expand allocation of corporate treasury assets to bitcoin and other digital assets, we are excited to work with Upexi to provide a safe and secure environment for not only the organization but also its shareholders," BitGo Director Nathan Stump said in the statement.

Upexi has a $100 million investment commitment anchored by GSR to buy and stake as many SOL tokens as possible. On Monday, the firm announced it had purchased 326,347 discounted locked SOL for an average price of $135.22 per token.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 07, 2025