WIZE Co., Ltd. announced a partnership with SBI VC Trade Co., Ltd., a core crypto asset company of the SBI Group, focusing on Solana (SOL) treasury operations. By partnering with SBI VC Trade, WIZE plans to enhance its SOL acquisition and management capabilities to become one of Japan's leading Solana treasury enterprises. Under this partnership, WIZE will leverage SBI VC Trade's institutional-grade services to achieve flexible SOL purchasing, generate additional revenue via crypto options trading, expand its treasury business utilizing SBI Group's network, and establish a high-security asset management system. WIZE's Solana treasury business operates on two revenue engines: validator rewards from externally delegated SOL and staking rewards from directly held SOL. Currently, 'WIZE Treasury' manages approximately 121,000 SOL (including external delegations) via the WIZE validator, operated in collaboration with Dawn Labs. 'WIZE Treasury Core' (directly held SOL) holds approximately 32,100 SOL, which ranks 15th globally on CoinGecko's 'Solana Treasury Holdings' list as of June 4, 2026. WIZE plans to accelerate its growth by expanding its WIZE Treasury and WIZE Treasury Core programs.
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- Source: PR TIMES
- Category: business