Japanese gaming company WIZE, formerly known as Mobcast Holdings, has purchased approximately $3.13 million worth of Solana (SOL), positioning itself as the 15th largest holder globally according to CoinGecko's Solana Treasury Holdings list. WIZE's acquisition of over 24,597 SOL at an average price of $127 per token underscores growing institutional interest in Solana, despite the cryptocurrency trading significantly below its all-time high of nearly $300. WIZE has also expanded its involvement in the Solana ecosystem by joining the Solana Foundation's SFDP program and securing delegations from projects like DoubleZero, generating over 400 SOL in staking rewards in the past six months. The company's total treasury exposure, including external delegations, now reaches approximately 152,000 SOL. As Japan revises its crypto asset classification, WIZE aims to enter the global top 10 in Solana holdings, potentially driving further corporate accumulation.
Japanese Gaming Firm WIZE Acquires $3.13M in Solana, Aims for Top 10 Holdings
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