Sunday, August 31, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Artificial Intelligence

Spirit Blockchain Capital and Astralane Unveil Strategic Partnership to Launch Staked SOL Index, Expanding Multi-Chain Treasury Management Solutions

March 7, 2025
in Artificial Intelligence, Blockchain, Cryptocurrencies, Decentralized Finance, GlobeNewswire, Web3
Reading Time: 8 mins read
5
SHARES
244
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

Vancouver, BC, March 07, 2025 (GLOBE NEWSWIRE) — Spirit Blockchain Capital Inc. (“Spirit”) (CSE: SPIR), a Canadian company providing diversified exposure to blockchain and digital assets, is pleased to announce an expanded strategic partnership with Astralane, a Canadian-based leading web3 infrastructure company under the Audace Labs umbrella. This collaboration leverages Astralane’s institutional-grade staking infrastructure to deliver Solana’s decentralized finance (DeFi) yields to traditional finance markets, with plans to evolve the staked SOL Index into an Exchange-Traded Product (ETP).

This partnership represents a significant milestone in Spirit’s comprehensive multi-chain strategy, which already includes established positions in the Dogecoin and EOS ecosystems. By expanding its blockchain portfolio across these diverse networks, Spirit aims to create a robust proxy to crypto assets that offers institutional and retail investors exposure to the full spectrum of blockchain innovation.

The Staked SOL Index seeks to harness Astralane’s validator DOGO, a robust staking infrastructure managing millions in assets and offering up to 11% annual percentage yield (APY). This initiative underscores Astralane’s role as a trusted infrastructure partner, with the goal of providing investors with secure, passive exposure to Solana while maximizing returns through staking rewards.

As part of this commitment to advancing blockchain-native financial solutions, Audace Labs has invested in Spirit Blockchain Capital’s latest financing round. This backing further validates Spirit’s approach to bridging Web3 and institutional finance, reinforcing its position in the evolving digital asset landscape.

Central to this partnership, Jaskanwar Singh, co-founder of Astralane and a serial entrepreneur, will join Spirit Blockchain Capital’s advisory board. Astralane’s technical foundation, co-built by Sujith Sizon—a driving force behind its infrastructure architecture—positions the company as a key enabler of institutional-grade blockchain solutions. With a track record of building and scaling blockchain infrastructure, particularly for Solana, Jaskanwar brings deep industry expertise and strategic insight to Spirit’s expansion efforts. He is also a member of Superteam Canada, a chapter of the global Superteam network dedicated to growing the Solana ecosystem through collaboration, bounties, and events.

This membership further underscores his commitment to advancing crypto innovation. In his advisory role, Jaskanwar will enhance Spirit’s marketing and branding strategy, build strategic partnerships with blockchain foundations, and facilitate investor introductions to seed ETFs and indexes, with a keen focus on multi-chain opportunities spanning Solana, DOGE, and EOS networks.

Key Highlights of the Partnership:

●Launch of the Staked SOL Index/ETP: A trailblazing product offering passive Solana exposure with up to 11% APY via Astralane’s DOGO validator, complementing Spirit’s existing DOGECoin and EOS offerings.

‎●Comprehensive Treasury Management Solution: Integration of Solana, DOGECoin, and EOS assets creates a diversified crypto treasury solution for corporate clients seeking blockchain exposure.

‎●Institutional-Grade Standards: Designed for reliability, security, liquidity, and compliance to meet professional investor needs across multiple blockchain networks.

‎●Advisory Leadership: Jaskanwar Singh, Astralane co-founder and a serial tech entrepreneur, joins Spirit to boost marketing and partnerships across blockchain ecosystems.

‎●Tokenization Platform Development: Laying foundations for a comprehensive tokenization platform that will enable traditional assets to leverage blockchain efficiencies.

●Future Growth: Plans to explore additional yield-bearing digital asset solutions across blockchain ecosystems, including expanded offerings in the DOGE and EOS communities.

Future Growth and Industry Impact

The Staked SOL Index marks the next phase in Spirit’s multi-chain expansion strategy, with Spirit and Astralane targeting global expansion starting in Europe as regulatory frameworks mature.

“This partnership is a transformative step forward in our vision to become the leading digital asset provider for crypto asset exposure,” said Lewis Bateman, CEO of Spirit Blockchain Capital. “With Jaskanwar’s leadership in validator infrastructure and multi-chain DeFi strategies, we are building a resilient framework for digital asset exposure, staking, and liquidity management. The staked SOL Index, alongside our established Dogecoin and EOS initiatives, forms a cornerstone of our comprehensive Treasury Management solution.”

Jaskanwar Singh added, “Spirit’s vision to bridge Web3 and traditional finance across multiple chains aligns perfectly with Astralane’s mission to deliver top-tier blockchain solutions. I’m excited to contribute my expertise to develop solutions that unlock institutional capital into multi-chain ecosystems.”

With Jaskanwar’s deep expertise in validator infrastructure and decentralised finance (DeFi), Spirit gains a key industry leader who has actively contributed to Solana’s validator ecosystem and staking architecture. His involvement in Superteam Canada further strengthens his ability to foster relationships with key blockchain foundations and liquidity partners, enhancing Spirit’s global positioning in institutional-grade blockchain adoption.

This alliance also highlights Canada’s rise as a global hub for blockchain innovation, reinforcing Spirit and Astralane’s role in driving blockchain-enabled treasury management solutions.

Institutional-Grade Treasury Management and Tokenization

Spirit Blockchain Capital is committed to developing a next-generation multi-chain treasury management framework. This partnership reinforces Spirit’s role as an enabler of blockchain-native financial instruments, designed for institutional adoption. As regulatory developments accelerate—such as the White House’s move to explore a crypto reserve—the demand for institutional-grade crypto yield solutions continues to grow.

Central to this initiative, Mr. Singh will lead Spirit’s digital asset currency institutional engagement strategy, leveraging his network within web3 space. Additionally, his experience in scaling validator infrastructure will help optimize staking solutions tailored for institutional investors.

In consideration for the services provided under the advisory agreement, the Company shall pay $50,000 per annum for services rendered. Subject to approval of the Board and compliance with applicable securities laws and stock exchange policies, the Company will also issue shares upon the achievement of performance milestones as set forth in the agreement. Any securities issuable pursuant to this agreement, if any, shall be subject to approval by the Canadian Securities Exchange and a hold period of four months and one day from the date of issuance, in accordance with applicable securities regulations.

About Spirit Blockchain Capital Inc.

Spirit Blockchain Capital Inc. is a blockchain investment company focused on providing access to blockchain-enabled growth opportunities through a diversified approach. Spirit operates with a commitment to transparency, innovation, and long-term value creation.

For more information on Spirit Blockchain Capital, visit: www.spiritblockchain.com.

About Astralane

Astralane, an Audace Labs company, provides institutional-grade web3 infrastructure for high-frequency traders, market makers, and AI/ML developers. Co-founded by Sujith Sizon and Jaskanwar Singh, Astralane specializes in Solana’s high-speed indexing, low-latency transactions, and staking solutions, empowering developers and institutional investors to maximize blockchain efficiency. Visit www.astralane.io for more details.

Media Contact:

Lewis Bateman
‎ Chief Executive Officer
‎ Spirit Blockchain Capital Inc.
‎ Email: lewis@spiritblockchain.com
‎ Phone: +1 416 456-3373

Jaskanwar Singh
‎ Co-Founder
‎ Astralane
‎ Email: jas@audacelabs.com

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements. Forward looking statements in this news release include statements regarding the expected benefits of Mr. Singh’s appointment, the expected completion of the Shares for Services Transaction, the expected amount owing to be settled pursuant to the Shares for Services Transaction and the Company’s expectation that the Canadian Securities Exchange will not object to the Shares for Services Transaction. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors that could materially affect such forward-looking information are described under the heading “Risk Factors” in the Company’s long form prospectus dated August 8, 2022, that is available on the Company’s profile on SEDAR at www.sedar.com. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements’ best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

The CSE has not reviewed, approved, or disapproved the content of this press release.

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

NordVPN undergoes independent security assessment, reinforcing security and privacy commitment

Next Post

Intuitive Machines Executes Southernmost Lunar Landing and Operates Payloads

Related Posts

FYEnergy Ramps Up ETH Staking Offers as Ethereum Powers U.S. Blockchain Push & DeFi Soars

New York City, NY, Aug. 30, 2025 (GLOBE NEWSWIRE) -- In response to Ethereum’s historic performance this month, FY Energy is planning to announce the launch of its “ETH Infrastructure Boost Program”, designed to reward users staking ETH during one of the most pivotal moments in blockchain history. This announcement comes...

Read moreDetails

Trade Vector AI: How Trade Vector Artificial Intelligence Platform Is Transforming Automated Trading Systems

New York City, NY, Aug. 30, 2025 (GLOBE NEWSWIRE) -- Introduction – What is Trade Vector AI Trade Vector AI is a next-generation artificial intelligence platform designed to bring automation, speed, and accuracy to digital asset trading. Built on advanced algorithms and predictive modeling, the system processes large volumes of...

Read moreDetails

Rehabilitation Robotics Market Hits New High | AlterG Inc., Bionik Laboratories Corp., BioXtreme Limited

Rehabilitation Robotics Market The Global Rehabilitation Robotics Market report, spanning over 135+ pages, provides a comprehensive overview of the product/industry scope and outlines the market outlook and status from 2025 to 2032. The study is segmented by key regions driving market growth. Currently, the market is expanding its presence, with...

Read moreDetails

ACET Warriors and Acme Worawat Join Forces to Donate $2.8M in Demining Robots, Proving Crypto Communities Can Save Lives

BANGKOK, TH / ACCESS Newswire / August 30, 2025 / The global crypto community often speaks of "real-world impact," but rarely is it demonstrated as boldly as today. Acme Worawat, known to many as the Crypto Billionaire, together with the decentralized community of ACET Warriors, has pledged to donate 100...

Read moreDetails

Japan IT Week Autumn 2025: Japan’s Leading IT & DX Show Returns This October

Tokyo, Japan, August 30, 2025 --(PR.com)-- RX Japan is proud to announce the return of Japan IT Week Autumn, the country’s most comprehensive IT and Digital Transformation (DX) exhibition. Set to open its doors on October 22–24 at Makuhari Messe, the event will host four specialised shows, each featuring targeted expos...

Read moreDetails

Manual Socket Wrench Market Worth Observing Growth | Deli, Prokit’s, ENDURA

Manual Socket Wrench Market Market Intellix has introduced a new report on the Manual Socket Wrench Market, offering detailed insights into industry trends, growth opportunities, and the market outlook for 2025-2032. The report outlines the scope of the Manual Socket Wrench industry and evaluates its current status while analyzing regional...

Read moreDetails

Belvars Platform: This Belvars Platform Redefines Digital Trading in 2025 With Data-Backed Security and ROI

New York City, NY, Aug. 30, 2025 (GLOBE NEWSWIRE) -- Introduction – What is Belvars Platform Belvars Platform is a next-generation digital trading environment built to meet the demands of modern financial markets in 2025. Designed around speed, transparency, and data-driven insights, the platform integrates advanced trading technologies with an...

Read moreDetails

FYEnergy Rolls Out “Rewards Program” to Boost Green Crypto Income Participation

New York City, NY, Aug. 30, 2025 (GLOBE NEWSWIRE) --  With the global cryptocurrency market reaching historic all-time highs in August 2025, FY Energy is celebrating the momentum by launching its new “Rewards Program” — a bonus initiative designed to amplify crypto income for users engaging with the platform’s clean-energy-powered...

Read moreDetails

Apps4.Pro Migration Manager Transforms Microsoft 365 Tenant Migration: Zero Data Loss, Maximum Speed, Enterprise Peace of Mind

Tirunelveli, India - 30 August, 2025 - When global enterprises need to migrate their Microsoft 365 environments, failure isn't an option. A single misstep can mean lost data, broken workflows, and frustrated teams. Today, Apps4.Pro-trusted by over 15,000 organizations worldwide-announces the enhanced Migration Manager platform that's redefining what's possible in...

Read moreDetails

Spirit Blockchain Capital Reports H1 & Q2 2025 Results, Completes SpiritLinQ, & Advances Institutional Blockchain Strategy

Vancouver, BC, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (CSE: SPIR) (“Spirit” or the “Company”) reports key milestones and unaudited financial results for the quarter ended June 30, 2025, and announces key strategic developments, most notably, Spirit Digital AG’s launch of Exchange Traded Products (“ETPs”), “SpiritLinQ” deployment...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    51 shares
    Share 20 Tweet 13
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    98 shares
    Share 39 Tweet 25
  • Top Cross-Chain DeFi Solutions to Watch by 2025

    54 shares
    Share 22 Tweet 14
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    71 shares
    Share 28 Tweet 18
  • ACET Warriors and Acme Worawat Join Forces to Donate $2.8M in Demining Robots, Proving Crypto Communities Can Save Lives

    5 shares
    Share 2 Tweet 1
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • FYEnergy Ramps Up ETH Staking Offers as Ethereum Powers U.S. Blockchain Push & DeFi Soars
  • Trade Vector AI: How Trade Vector Artificial Intelligence Platform Is Transforming Automated Trading Systems
  • Rehabilitation Robotics Market Hits New High | AlterG Inc., Bionik Laboratories Corp., BioXtreme Limited
  • ACET Warriors and Acme Worawat Join Forces to Donate $2.8M in Demining Robots, Proving Crypto Communities Can Save Lives
  • BiAuction Launches AeroLiquidator-as-a-Service™ Platform to Transform Aircraft Auctions and Financing

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.