Catenaa, Friday, February 27, 2026- Pantera Capital backed Solana Company has announced the launch of its Pacific Backbone initiative, a regional infrastructure expansion to enhance Solana staking and validator operations across Asia-Pacific.
The project will initially connect Seoul, Tokyo, Singapore, and Hong Kong with a high-speed, low-latency network aimed at improving staking efficiency and network performance.
The initiative will support DeFi, liquid staking, automated market makers, RPC services, and execution services for institutional partners.
Cosmo Jiang, general partner at Pantera Capital, highlighted that the expansion addresses gaps in Solana’s APAC coverage, reducing validation costs while improving reliability for market makers and high-frequency traders.
The infrastructure rollout will begin immediately, with performance optimization and adoption of new technologies planned for the second half of 2026. Solana Company expects liquidity-related products and services to launch within 12 to 18 months.
The company holds more than 2.2 million SOL tokens, making it the second-largest publicly traded holder. Solana’s staking by public companies has remained stable despite recent market declines.
HSDT shares were down 8.3% on Monday, reflecting broader weakness in crypto-linked equities.
The Pacific Backbone initiative follows a recent partnership with Anchorage Digital and Kamino, enabling institutions to borrow against staked SOL while maintaining custody.
The effort marks Solana Company’s first major step in building a comprehensive APAC network infrastructure to support scalable staking, institutional participation, and decentralized finance services.
