Solana Company Partners With Alatau City to Advance Central Asia Blockchain Push

CryptoProwl

Tue, June 30, 2026 astatine 10:55 AM CDT 2 min read

Solana Company (NASDAQ: $HSDT) is taking its public-market Solana strategy into Central Asia done a caller concern with Alatau City, Kazakhstan's planned exertion and integer concern hub.

The institution signed a memorandum of knowing with the Administration of Alatau City to enactment blockchain infrastructure, integer plus education, stablecoin payments and real-world plus tokenization crossed the city's emerging fintech ecosystem. The statement gives Solana Company a relation successful a task Kazakhstan officials are positioning arsenic a determination hub for integer assets, fintech and Web3-native commerce.

Alatau City is being built arsenic a future-oriented municipality halfway focused connected sustainability, exertion and greenish growth. The memorandum was signed during the Alatau City Roadshow successful China, which included Hong Kong and Shenzhen and brought unneurotic authorities agencies, concern funds, fiscal institutions and exertion companies. The estimated concern to make the metropolis is $6 billion.

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The concern volition absorption connected 4 areas: integer plus treasury, blockchain infrastructure, organization adoption and level development. Solana Company said the enactment volition gully connected its treasury absorption experience, Solana-focused infrastructure network, advisory concern and compliance-ready operating platforms to link section institutions with integer plus networks crossed APAC and planetary markets.

Alatau City officials are besides tying the effort to an "Alatau Crypto Cluster" and a "Tokenization by Default" strategy, aimed astatine making integer assets portion of the city's fiscal and commercialized plan from the start.

Chairman and CEO Joseph Chee said the collaboration puts Solana Company "at the halfway of Central Asia's integer plus buildout," pointing to Alatau City's regulatory instauration and organization relationships arsenic reasons the task could make into a determination blockchain hub.

For Solana Company, the statement extends its transportation beyond balance-sheet Solana (CRYPTO: $SOL) exposure. It gives the institution different infrastructure and advisory foothold astatine a clip erstwhile listed crypto firms are trying to beryllium they tin physique operating businesses astir their treasury strategies.

Solana Company (NASDAQ: HSDT) is presently trading astatine $1.66 U.S. per share.