Nasdaq-listed Lion Group Holdings (LGHL) has completed the purchase of $2 million worth of HYPE tokens using the first tranche of its $600 million credit facility. Meanwhile, DeFi Development Corp. (DFDV), a Solana treasury management firm, has been actively expanding its Solana (SOL) holdings. The company completed a $112.5 million private placement to fund SOL purchases, allocating $75.6 million specifically for acquiring SOL tokens. As of early July 2025, DFDV's total SOL holdings reached approximately 846,630 tokens valued at $133.1 million, making it the largest public holder of SOL. DFDV also announced a partnership with Switchboard to advance real-world asset oracle infrastructure on Solana. Another Nasdaq-listed company, Upexi (INTEL), announced a $200 million raise through a $150 million convertible note offering led by Big Brain Holdings and a $50 million equity offering. This fundraising aims to increase Upexi's Solana treasury from 736,000 to approximately 1.65 million SOL by July 2025. Additionally, Amber International completed a $25.5 million private placement to expand its $100 million crypto ecosystem reserve fund, which includes BTC, ETH, SOL, BNB, XRP, and SUI tokens. Lastly, ReserveOne, a new cryptocurrency holding company backed by industry veterans and a former U.S. commerce secretary, is set to go public via a Nasdaq listing through a SPAC merger with M3-Brigade Acquisition V Corp. The transaction is expected to raise over $1 billion, with ReserveOne managing a portfolio including Bitcoin, Ethereum, Solana, XRP, and Cardano.