TenX Protocols, a blockchain infrastructure company, holds approximately 30,234.30 SOL in aggregate exposure through a combination of direct holdings and institutional staking products, according to a treasury update released on September 10, 2026. The company's Solana position reflects a broader strategy to maintain exposure to high-throughput blockchain networks while generating recurring revenue from crypto assets held in custody.

What Is TenX's Solana Strategy?

TenX's Solana exposure consists of two distinct components. The company holds approximately 19,512.58 SOL directly in its treasury, while maintaining approximately 10,721.72 SOL of economic exposure through Galaxy Digital Unlocked Solana Series 105, an institutional staking product. This dual approach allows the company to combine direct network participation with exposure to professional-grade staking infrastructure managed by Galaxy Digital, a major player in crypto asset management.

The Galaxy SOL exposure includes locked SOL, unlocked and staked SOL with accumulated rewards, and unlocked and unstaked SOL. This structure gives TenX flexibility in how its Solana holdings generate returns while maintaining custody and transparency over its positions.

Why Does This Matter for Solana's Ecosystem?

TenX's disclosure is significant because it illustrates how public companies are integrating Solana into institutional-grade treasury strategies. Rather than holding SOL purely as a speculative asset, TenX treats Solana as part of a diversified digital asset portfolio designed to generate recurring revenue from the broader crypto economy. The company's approach reflects confidence in Solana's role as a high-throughput blockchain network capable of supporting meaningful economic activity.

The use of Galaxy Digital's staking products also highlights how institutional investors are accessing Solana exposure through regulated, professional infrastructure rather than managing validator operations independently. This trend may influence how other public companies and institutional investors structure their Solana holdings going forward.

How TenX Manages Its Broader Digital Asset Treasury

• Multi-Asset Diversification: TenX holds positions across multiple blockchain networks, including Sui, Sei, Tezos, and Bonk, alongside Solana, to spread exposure across different blockchain themes and ecosystems.
• Stablecoin Buffer: The company maintains 427,573.59 USD Coin (USDC), a stablecoin pegged to the US dollar, in its treasury to provide liquidity and reduce volatility exposure across its crypto holdings.
• Public Transparency Dashboard: TenX operates a public dashboard displaying validator activity, treasury holdings, cash balances, and stablecoin positions based on internal records and third-party market data, allowing shareholders and interested parties to monitor the company's crypto exposure in real time.

The company's treasury strategy extends beyond Solana. As of September 8, 2026, TenX also disclosed holdings of 130,098.39 Sui (SUI), 17,885,458.97 Sei (SEI), 219.74 billion Bonk (BONK), and 5,812,162.41 Tezos (XTZ). This diversification reflects TenX's view that capital and activity in crypto move between different blockchain themes across market cycles, requiring exposure to multiple networks rather than concentration in a single asset.

TenX also announced a separate acquisition of Venice Token (VVV) for approximately US$132,386.43 in early September 2026. The company positioned this purchase as measured exposure to the theme of crypto-native access to artificial intelligence compute, demonstrating how it evaluates new positions based on emerging blockchain use cases and economic themes.

"TenX built a multi-asset digital asset treasury because activity and capital in crypto move between themes across cycles. We believe crypto-native access to AI compute is a theme that warrants measured exposure," said Mat Cybula, Chief Executive Officer of TenX.

Mat Cybula, Chief Executive Officer at TenX Protocols

The company's Solana holdings represent one component of a broader institutional approach to crypto asset management. By combining direct SOL holdings with exposure through professional staking infrastructure, TenX demonstrates how public companies can participate in Solana's ecosystem while maintaining the operational simplicity and regulatory clarity that institutional investors require. The transparency of TenX's treasury disclosures also sets a standard for how public companies can communicate their crypto exposure to shareholders and market participants.