The company has hired a specialist in treasury design and structured yield strategies.
Australian fitness equipment maker Fitell Corporation is taking an unexpected step into the crypto world. The company announced it will launch a US$100 million Solana (SOL) digital asset treasury. This is the first of its kind in Australia. The company plans to rebrand as Solana Australia Corporation after the launch Fitell plans to use the funds to invest in Solana-based decentralized finance (DeFi) strategies. This includes options, liquidity provisioning and other on-chain products. The