3iQ Corp. and Figment have come together to create North America’s first Solana staking ETF (exchange-traded fund). Listed on the Toronto Stock Exchange (TSX) under the ticker symbol SOLQ, the ETF officially launched Wednesday at 9:30 AM EST. SOLQ offers investors regulated, exchange-traded access to Solana’s native staking yield.
SOLQ marks a big step forward in making digital assets more practical as investments. It launches a brand new, accessible way to unlock Solana’s staking rewards through a familiar investment vehicle. This groundbreaking product continues 3iQ’s track record of developing first-of-their-kind digital asset products in traditional markets.
Figment, an ecosystem veteran and one of Solana’s genesis validators, will handle staking operations on behalf of SOLQ. The ETF aims to offer a regulated and exchange-traded way for investors to participate in Solana staking.
"By combining institutional-grade staking infrastructure with traditional investment vehicles, we’re making sustainable staking yields accessible to a new class of investors." - Lorien Gabel, CEO and co-founder of Figment.
SOLQ is the first product of its kind to be made commercially available in North America. Specifically, it brings native Solana (SOL) staking rewards to an exchange-traded format. It offers an innovative mechanism for both institutional investors and other qualified buyers to gain exposure to Solana’s native staking yield.
"At 3iQ, we are proud to continue our tradition of innovation," - Pascal St-Jean, 3iQ President and CEO.
SOLQ’s debut on the Toronto Stock Exchange is a notable first step. It’s the first Solana Staking ETF to be listed on any major global stock exchange! This partnership between 3iQ and Figment provides a regulated and efficient mechanism for investors to get exposure to Solana staking in a simple, accessible manner.
