According to Woofun AI, Solana Company (HSDT.US) has officially been recognized as a strategic enterprise by the Hong Kong Special Administrative Region Government's Office for Attracting Strategic Enterprises (OASES), and on October 27 confirmed the upgrade of its Hong Kong office to Asia-Pacific headquarters.
This recognition stems from the seventh batch of companies announced on October 22, which included 18 enterprises in total, bringing the cumulative number of companies introduced under the OASES program to 142.
Notably, Solana Company (HSDT.US) is the only blockchain infrastructure enterprise to receive this recognition in 2026.
In terms of business layout, the company plans to operate Solana validator nodes in Hong Kong through the Pacific Backbone initiative, strengthening its local technical presence.
Data compiled by Woofun AI shows that its balance sheet disclosed in September includes 2.3 million SOL tokens along with US$2.3 million in cash and stablecoins, providing liquidity support for infrastructure expansion.
It should be clarified that OASES recognition is an investment promotion arrangement, not a regulatory license.
This means that Solana Company (HSDT.US) must still strictly comply with Hong Kong's existing regulatory framework when conducting relevant business in the city.
This marks a key positioning move by an infrastructure-layer giant in Asia's core financial hub, following a number of crypto institutions seeking compliant establishment in the region.
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