Helius, the executive chairman of the Solana treasury company, will go public in Hong Kong, aiming to acquire at least 5% of SOL.

PANews, October 9 news, according to the Hong Kong Economic Journal, Joseph Chee, the former head of UBS Investment Bank Asia and current Executive Chairman of Helius, a Solana treasury company, stated in a recent interview that the company aims to buy at least 5% of Solana. He pointed out that as long as market capitalization and regulatory requirements are met, the second listing location would be Hong Kong, and noted, "or within 6 months (to meet the requirements), we will come here (Hong Kong) as soon as possible." Joseph Chee indicated that Solana's processing capability surpasses that of Ethereum, and while Tom Lee often says that large financial institutions, stablecoins, and payment companies are all based on Ethereum, many institutions are building applications based on Solana, Avalanche, and other blockchains.