Hong Kong has designated Nasdaq-listed Solana Company (HSDT) as a strategic enterprise under a government programme aimed at attracting businesses that support economic growth, as the city seeks to expand its digital asset and blockchain infrastructure sector.
The company, the only blockchain infrastructure firm selected in the programme in 2026, plans to establish Solana validator operations in Hong Kong under its Pacific Backbone initiative, which aims to build a low-latency blockchain network across the Asia-Pacific region.
The designation provides support for engagement with government agencies and regulators, overseas recruitment and partnerships with local institutions.
Solana Company
operates staking and validator infrastructure,
advises financial institutions on blockchain adoption, and
holds Solana (SOL) as part of its digital asset treasury strategy.
Hong Kong added 18 enterprises in the latest selection round bringing the total number of companies under the programme to 142. The move comes as the city advances efforts to strengthen its position as a regional digital asset hub through regulatory initiatives and on-chain financial infrastructure.
PRESS RELEASE | The Hong Kong Monetary Authority Grants First Stablecoin Licenses to HSBC and AnchorPoint
Stay tuned to BitKE on crypto developments globally.
Join our WhatsApp channel here.
Follow us on X for the latest posts and updates
Join and interact with our Telegram community
__________