Classover Bets Big on Solana with $500M Treasury Reserve Play
Solana just got a half-billion-dollar vote of confidence—and it’s coming from an unlikely source. Edtech firm Classover is diving headfirst into crypto treasury management, allocating $500M to build a Solana-based reserve fund. Because nothing says ’future-proof’ like staking your war chest on a blockchain that still gets PTSD from its outage days.
Move over, corporate bonds—there’s a new yield game in town. The deal signals a growing trend of traditional firms bypassing legacy finance for blockchain-native solutions. Though let’s be honest—after 2023’s bond market bloodbath, even meme coins look like a safer bet.
Will this move trigger a wave of copycat treasury plays? Probably. Will most of them blow up spectacularly? Almost certainly. But for now, Solana’s validator nodes are popping champagne while Wall Street custodians scramble to explain ’proof-of-history’ to their boomer clients.
