Geo News
Community curated by people like you
LatestAICryptoHealthWorld AffairsUS Politics
Hong Kong names Solana Company strategic enterprise under government program
00

Hong Kong names Solana Company strategic enterprise under government program

Oct 26, 2026

The Hong Kong SAR Government designated Nasdaq-listed Solana Company as a strategic enterprise under its OASES program on October 22, 2026, making it the only blockchain infrastructure firm onboarded in 2026. Solana Company will establish its Asia-Pacific headquarters in Hong Kong and deploy validator infrastructure under its Pacific Backbone initiative. The designation grants regulatory access and hiring support, aligned with Hong Kong's digital asset framework.

Hong Kong designates Solana Company as strategic enterprise

  • ▪Solana Company was the only blockchain infrastructure company selected for inclusion in OASES, Hong Kong's strategic enterprise program, in 2026
  • ▪Strategic enterprise designation by Hong Kong's OASES program provides Solana Company with a single communication channel across Hong Kong government agencies and regulators, overseas hiring support, and institutional partner introductions
  • ▪The Hong Kong SAR Government designated Nasdaq-listed Solana Company as a strategic enterprise under its Office for Attracting Strategic Enterprises program

Solana Company's plans and operations in Hong Kong

  • ▪Solana Company announced plans to establish its Asia-Pacific headquarters and executive operations base in Hong Kong
  • ▪Solana Company's Pacific Backbone initiative is designed to minimize blockchain network latency across the Asia-Pacific region
  • ▪Solana Company plans to set up local Solana network validator operations in Hong Kong as part of its Pacific Backbone initiative to build a low-latency network across Asia-Pacific
  • ▪Solana Company operates staking and validator infrastructure, provides blockchain advisory services to financial institutions, and holds Solana tokens in its corporate treasury strategy

Overview of Hong Kong's strategic enterprise program

  • ▪Hong Kong established the Office for Attracting Strategic Enterprises in 2022 to attract global companies that contribute to the city's economic growth
  • ▪On October 22, 2026, Hong Kong added 18 companies in its seventh batch of strategic enterprises, bringing the total number of participating firms in OASES to 142

Hong Kong's digital asset regulatory initiatives

  • ▪Hong Kong's digital asset regulatory framework includes the Stablecoins Ordinance and the Hong Kong Monetary Authority's Project Ensemble tokenization initiative
  • ▪Hong Kong set a goal to establish a digital asset licensing and regulatory regime under its First Five-Year Plan

3 sources

bloomingbit
Hong Kong Names Nasdaq-Listed Solana Company Strategic Enterprise to Support Blockchain Infrastructure
View source article
Cointelegraph
Hong Kong Names Solana Company Strategic Enterprise
View source article
Investing.com
Solana Company designated strategic enterprise by Hong Kong
View source article

Story comments

Loading comments…

Related entities

Nasdaq

Related Projects

Solana CompanySolana

Topics

CryptocurrenciesSolanaCrypto regulationHong KongInstitutional crypto adoption