Solana Company Plans to Grow Hong Kong Team to 30, Base APAC HQ There

Cointime update: Nasdaq-listed Solana treasury firm Solana Company plans to expand its Hong Kong team from fewer than 10 people to as many as 30 and make the city its new Asia-Pacific headquarters, Chairman and CEO Joseph Chee said on November 6. Chee said tokenization at large Hong Kong financial institutions remains nascent compared with the faster-moving US market, and the company will assess the Hong Kong market over about six months, considering building its own team to serve local banks if no major tokenization provider emerges.