Classover Holdings Raises $500 Million for Solana Treasury Reserve

Nasdaq-listed Classover Holdings Inc. secured a significant funding round of up to $500 million, leveraging a securities purchase agreement with Solana Growth Venture. This investment will be used to advance the company’s initiative to build a Solana (SOL)-based treasury reserve. 80% of the net proceeds are designated for purchasing SOL under the terms of the deal, further solidifying Classover’s position in the growing blockchain financial landscape.