HSDT Launches Pacific Backbone to Boost Solana Speed

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TLDRSolana Company has started building a high-speed infrastructure network across the Asia Pacific region.The Pacific Backbone will connect Seoul, Tokyo, Singapore, and Hong Kong with low-latency systems.The network will support Solana staking validation and trading services for institutional clients.HSDT holds about 2.3 million SOL in its corporate treasury.The company plans to launch DeFi tools, liquid staking, and execution services within 18 months.Solana Company has begun constructing a high-speed infrastructure network across the Asia-Pacific. The project aims to strengthen Solana staking, validation, and trading services. Executives say the buildout prepares SOL for its next “super cycle.”Pacific Backbone Connects Key Asian Financial HubsThe initiative, called Pacific Backbone, links Seoul, Tokyo, Singapore, and Hong Kong. It will operate a low-latency cluster for institutional users.The company said it will start construction immediately. It expects optimization and product launches within 18 months.Planned services include DeFi tools, liquid staking, and automated market makers. The firm will also provide execution services for finance partners.Joseph Chee said the expansion prepares Solana for future growth. He described the plan as positioning for the next super cycle.The network targets market makers and high-frequency trading firms. It seeks to cut latency and reduce reliance on outside providers.Solana processes over 3,500 transactions per second. The blockchain supports millions of daily active wallets.HSDT Expands Treasury Strategy and Regional OperationsHSDT trades on Nasdaq and backs the infrastructure push. Pantera Capital and Summer Capital co-led its $500 million funding round.Cosmo Jiang said the roadmap will improve regional staking performance. He added it should diversify revenue across Asia.Solana Company holds about 2.3 million SOL in treasury. The stake is worth more than $180 million at current prices.The firm partnered with Anchorage Digital and Kamino on a lending venture. The venture lets institutions borrow against natively staked SOL.Public companies have maintained steady SOL staking levels. Data shows treasury valuations have fallen to record lows.HSDT shares fell over 8% in Monday trading. The stock has dropped more than 90% since September.The buildout focuses on compliant infrastructure for regulated Asian markets with strict standards. Engineers will deploy state-of-the-art hardware across each data center location in the region.The cluster will support validators, staking pools, and trading desks across major hubs. Management said the network will capture more stakeholder value internally for the company.The company continues operating its neurotech and medical device units alongside blockchain initiatives. It rebranded from Helius Medical Technologies in September to pursue a Solana strategy.Shares traded at $1.76 during the latest session on the Nasdaq exchange. Other crypto stocks also posted losses on Monday during early market hours.Solana declined nearly 6% during the past 24 hours. Bitcoin also fell more than 4% over the same period.The post HSDT Launches Pacific Backbone to Boost Solana Speed appeared first on Blockonomi.