Leah Wald, CEO of SOL Strategies, will step down after leading the company's strategic shift towards Solana. Michael Hubbard, the current Chief Strategy Officer, will assume the role of interim CEO. Wald, who joined the Toronto-based firm in July 2024, spearheaded the transition from Cypherpunk Holdings to a Solana-focused entity, divesting assets like Animoca Brands shares and Bitcoin to invest in SOL and the Solana ecosystem. Under Wald's leadership, SOL Strategies became an early investor in Solana, although later entrants have surpassed it in total holdings. The company currently holds nearly 390,000 SOL, valued at approximately $89 million, and its validator business has exceeded $1 billion in staked assets. Recently, SOL Strategies received approval from NASDAQ to cross-list on U.S. exchanges. Wald expressed her intention to explore new opportunities in AI and fintech after achieving her goals at the company.
SOL Strategies CEO Leah Wald Resigns After Leading Solana Transition
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