NEW YORK, NEW YORK, April 21st, 2025/Chainwire/--GSR, a leading crypto trading and investment firm, today announced it has anchored a $100 million private investment in public equity (PIPE) into Upexi, Inc. (NASDAQ:UPXI), a brand owner specializing in the development, manufacturing, and distribution of consumer products. GSR GSR The investment follows Upexi’s announcement of a strategic shift toward a cryptocurrency-based treasury strategy aimed at generating long-term appreciation and yield for shareholders. Upexi has committed to the establishment of a Solana treasury strategy that includes the accumulation and staking of Solana. The investment underscores GSR's confidence in Solana as a leading high-performance blockchain and GSR’s mission to bridge the gap between traditional capital markets and the digital asset ecosystem. “This investment highlights the growing demand for efficient, secure access to high-quality crypto assets in public markets,” said Brian Rudick, Head of Research at GSR. “This investment highlights the growing demand for efficient, secure access to high-quality crypto assets in public markets,” said Brian Rudick, Head of Research at GSR. “Solana’s speed, scalability, and vibrant developer ecosystem make it an ideal foundation for long-term growth and we are honored to help accelerate the integration of digital assets into institutional portfolios.” “Solana’s speed, scalability, and vibrant developer ecosystem make it an ideal foundation for long-term growth and we are honored to help accelerate the integration of digital assets into institutional portfolios.” “We’re proud to lead this investment and support a bold strategy centered around Solana, reflecting our deep belief in the future of DeFi and our commitment to growing the crypto ecosystem at every level,” said Jakob Palmstierna, President, GSR. “At GSR, we back founders, protocols, and builders not just with capital, but with expertise, liquidity, and real long-term support. This is a meaningful step forward - and just one part of our broader mission to help unlock the full potential of digital assets.” “We’re proud to lead this investment and support a bold strategy centered around Solana, reflecting our deep belief in the future of DeFi and our commitment to growing the crypto ecosystem at every level,” said Jakob Palmstierna, President, GSR. “At GSR, we back founders, protocols, and builders not just with capital, but with expertise, liquidity, and real long-term support. This is a meaningful step forward - and just one part of our broader mission to help unlock the full potential of digital assets.” “It’s encouraging to see institutions exploring blockchain infrastructure in meaningful ways,” said Lily Liu, President, Solana Foundation. “GSR and Upexi’s announcement highlights growing interest in using Solana for real-world financial applications, and it’s another signal of how traditional finance and DeFi are starting to intersect.” “It’s encouraging to see institutions exploring blockchain infrastructure in meaningful ways,” said Lily Liu, President, Solana Foundation. “GSR and Upexi’s announcement highlights growing interest in using Solana for real-world financial applications, and it’s another signal of how traditional finance and DeFi are starting to intersect.” GSR continues to invest in the broader digital asset ecosystem, offering capital solutions, liquidity, and strategic advisory services to partners at all stages of growth. About GSR The GSR Group brings over a decade of experience as a leading digital asset liquidity provider and multi-stage investor. Our full-spectrum offering includes OTC trading, market making, and treasury management. Deeply embedded in the digital asset ecosystem, we work with token issuers, institutional investors, and top-tier trading venues. Beyond capital, we deliver strategic insight, deep liquidity, and long-term partnerships to the founders, protocols, and platforms shaping the future of crypto markets. Follow GSR on X. Visit www.gsr.io for more information. GSR on X GSR on X www.gsr.io www.gsr.io Contact VP Public Relations Haley Malanga GSR haley.malanga@gsr.io This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

This is a PR written by or for the company mentioned within it. The writer has a vested interest in the company and products mentioned within.

Solana

HackerNoon

Whale.io Accelerates Into Battlepass Season 2 With Double Lamborghinis And Epic Rewards

BYDFi Officially Launches On-Chain Trading Tool MoonX, Ushering In The Era Of CEX + DEX Dual Engines

Visit Our Website

Chainwire Blog

Too Long; Didn't Read

CTA: Download the FREE AI Productivity Shift report

GSR Leads $100M Private Placement Into Upexi, Inc. To Back Solana-Based Treasury Strategy

About Author

Comments

TOPICS

THIS ARTICLE WAS FEATURED IN

Related Stories

Untitled Story

$500k Presale: TG.Casino Passes Milestone with Upcoming Telegram-Powered Platform

108 Stories To Learn About Blockchain Adoption

10 Tools for Blockchain Development

133 Stories To Learn About Solidity

287 Stories To Learn About Blockchain Development

$500k Presale: TG.Casino Passes Milestone with Upcoming Telegram-Powered Platform

108 Stories To Learn About Blockchain Adoption

10 Tools for Blockchain Development

133 Stories To Learn About Solidity

287 Stories To Learn About Blockchain Development

Light-Mode

Classic

Newspaper

Dark-Mode

Neon Noir

Minty

HN StartUps