EdTech Firm Classover Raises Up to $500 Million for Solana (SOL) Investment

2025/06/03 18:52 (Updated 2025/06/04 07:01)
CoinPost
Written by R.Kumazawa
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EdTech Firm Classover Raises Up to $500 Million for Solana (SOL) Investment

Including a Staking Strategy

Nasdaq-listed educational technology company Classover Holdings announced on the 2nd that it has entered into a funding agreement with Solana Growth Ventures LLC for up to $500 million (approximately 70 billion yen). Up to 80% of the raised funds will be allocated to purchasing Solana (SOL) tokens, aiming for operational gains through staking. The company has secured a large funding framework totaling $900 million. In May 2025, Classover had already signed a $400 million equity purchase agreement with Solana Strategies Holdings LLC, and with this additional $500 million, the total funding framework reaches approximately $900 million (about 130 billion yen).

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Iolite Vol.14

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MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.