Upexi is strengthening its Solana treasury by raising $200 million through an equity offering and the sale of convertible notes. The firm aims to use the funds to purchase more SOL, with the convertible notes collateralized by locked, spot SOL from purchasers.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.