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About Grayscale Solana Trust (SOL)
Grayscale Solana Trust operates as a statutory trust. The company is headquartered in Stamford, Connecticut. The company went IPO on 2023-04-12. The Trust enables investors to gain exposure to SOL in the form of a security while avoiding the challenges of buying, storing, and safekeeping SOL directly. The investment objective of the Trust is for the value of the Shares (based on Solana per Share) to reflect the value of Solana held by the Trust, less the Trust’s expenses and other liabilities. The Trust pursues a long only, passive exposure to SOL approach, with no cash, leverage, or rehypothecation. The Trust offers a private placement at net asset value to accredited investors. The Trust is designed to track the CoinDesk SLX Index. The Trust's sponsor is Grayscale Investments, LLC.
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