Pantera-backed Solana Company kicks off APAC staking infrastructure buildout
Solana Company is launching the Pacific Backbone initiative to build high-speed infrastructure supporting Solana staking and validator operations across the APAC region.Summary
Solana Company (HSDT), backed by Pantera Capital, is initiating the "Pacific Backbone" project to build crucial high-speed, low-latency infrastructure across the Asia-Pacific region, starting with connections between Seoul, Tokyo, Singapore, and Hong Kong. This buildout aims to directly support Solana staking and validator operations, addressing network coverage gaps, reducing costs, and boosting performance for market makers and high-frequency traders. Pantera Capital, a major backer, views this investment roadmap as critical for Solana users in Asia. Solana Company, which holds over 2.2 million SOL, also plans to develop DeFi, liquid staking, AMMs, and RPC services for its traditional finance partners in APAC, with new liquidity products expected within 12 to 18 months.
(Source：The Block)