Neptune Digital Assets Corp (OTC: CYFRF) Stock In Focus After Securing Exclusive Institutional Staking Partnership

Great things are happening in the blockchain and crypto sectors, and there are certain companies which may be worth tracking, and one of those is Neptune Digital Assets Corp (OTC: NPPTF). Yesterday, it emerged that the company had reached an agreement with regards to a partnership with Sol Strategies Inc. We take a closer in this feature.

New Staking Partnership

In the news release, it was announced that the company had signed an agreement with Sol Strategies for a staking partnership which would help the latter in expanding its fast growing cohort of institutional investors. As per the terms of the agreement between the two parties, Sol Strategies with share a part of its validator block rewards with Neptune Digital Assets Corp and consequently, provide a major new value proposition in the staking market dedicated to institutional investors.

Further Information

It was also stated that the approach would help bring the interests of institutional partners and validators into alignment. Neptune Digital Assets Corp noted that the track record of success of Sol Strategies and its strong infrastructure were two of the major factors behind choosing the latter for its staking needs. The agreement would further boost the company’s staking portfolio, Neptune Digital Assets stated.

CEO Quote

“We’re seeing increasing demand from organizations looking for secure, compliant staking solutions,” said Leah Wald, CEO of Sol Strategies. “This partnership further validates our infrastructure and demonstrates the growing institutional adoption of Solana staking.”

Technicals

+/- EMA(20)2.51 (-33.33%)
+/- SMA(50)2.54 (-34.11%)
+/- SMA(200)0.92 (+81.90%)
5-Day Perf.-35.63%
1-Month Perf.-56.42%
3-Month Perf.+69.9%
6-Month Perf.+1281.92%
YTD Perf.-19.54%
1-Year Perf.+2131.33%
RSI(14)31.33
ATR(14)0.4
ADX(14)33.31
Beta (5Y)-1.54