Mintz advised 3iQ Corp., a global pioneer in digital asset investment solutions, in the launch of the Solana Staking ETF (SOLQ), the world's first exchange-traded fund to invest exclusively in Solana.
The launch marks another pioneering milestone for 3iQ, renowned for being the first to bring innovative and regulated digital asset investment products to market.
The ETF provides a secure, fully transparent and operationally efficient vehicle for institutional and retail investors to directly gain SOL investment exposure and its high-growth potential, while generating passive rewards through staking to enhance yield, seeking a greater total return. The largest unitholders in SOLQ include SkyBridge Capital, with a $50 million seed investment.
The Mintz team was led by Geoffrey Cher with support from Tully Cogswell, Akshay Kulkarni, and Karen Slater. Additional information about the announcement is available here.
Mintz's corporate practice offers a blend of comprehensive legal expertise and practical business counseling that enables clients to clarify goals, find solutions, and achieve results across varied business transactions. The firm's corporate attorneys advise clients on a wide variety of issues affecting commercial, financial, and industrial enterprises, both publicly and privately owned. Mintz represents leading-edge technology sector founders, companies, and investors – partnering on everything from early-stage needs through growth capital and M&A transactions.