The purchase will accelerate the development of Solana-based Web3 applications to meet growing enterprise demand, Alchemy said
The real estate tech enterprise turned Solana-focused public company now holds 609,190 SOL tokens worth over $107 million.
The move underscores the growing role of crowdsourced geospatial intelligence in the transportation industry.
Institutional investors appear to be flocking to SOL as DeFi metrics show remarkable growth, creating a strong technical foundation for further gains.
The company's "Opening Bell" platform lets SEC-registered shares trade on-chain, bridging crypto and public equity markets.
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