Solmate Reveals $115M Solana Holdings, No Binance Exposure
Solmate discloses 1.26 million SOL custody positions across major custodians, emphasizing no Binance exposure.
Solmate discloses 1.26 million SOL custody positions across major custodians, emphasizing no Binance exposure. Solana (SOL) is trading at ₹8,690 ($91.39), down 0.1% since this brief published. This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Mon, 02 Nov 2026 21:30:01 UTC.
The disclosure provides transparency into Solmate's treasury management amid market uncertainty, highlighting the firm's risk management approach and custody practices.
- Solmate holds 1.26M SOL ($115M) across Kraken, Anchorage Digital, and BitGo.
- No exposure to Binance was reported, suggesting risk diversification.
- The disclosure comes amid broader market volatility and Solana's recent price decline.
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- Solmate Reveals $115M Solana Holdings, No Binance Exposure — this brief
Solmate has revealed that it holds 1.26 million SOL, currently valued at around $115 million, in custody across Kraken, Anchorage Digital, and BitGo. This disclosure offers insight into the company's treasury management strategy during a period of market uncertainty.
The announcement comes as 
Solana's price has experienced a 2.29% decline over the past 24 hours and an 8.96% drop over the past week, reflecting broader market trends. The total crypto market cap remains around $2.65 trillion, with 
Bitcoin also seeing a 1% decline in the same period.
Multiple outlets have not corroborated this story, so the full context and implications are not yet clear. However, the disclosure aligns with increasing calls for transparency in the crypto industry, particularly regarding custody and risk management practices.
Solmate's decision to highlight its lack of Binance exposure may be significant given recent concerns about exchange solvency and market stability. This suggests a strategic approach to risk management amid ongoing market volatility.
The disclosure provides a snapshot of Solmate's holdings but does not indicate the timing of the data or any changes in custody strategy. Investors and market observers will likely watch for further updates on how Solmate manages its Solana holdings in the current market environment.
Since this brief published about 2 hours ago, Solana (SOL) has moved from ₹8,701.95$91.52 to ₹8,689.59$91.39 — -0.14%.
The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 SOL ≈ ₹9,435.1 (about $91.39), down 3.0% over 24 hours. The rupee itself trades about 8.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Solmate Reveals $115M Solana Holdings, No Binance Exposure — questions & answers
What custodians hold Solmate's SOL?
Solmate's 1.26 million SOL is held with Kraken, Anchorage Digital, and BitGo.
Does Solmate have exposure to Binance?
No, Solmate has explicitly stated it has no Binance exposure.
Why is this disclosure important?
The disclosure offers transparency into Solmate's risk management and custody practices amid market uncertainty.
How much is 1 Solana worth in rupee today?
About ₹9,435.1 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $91.39. The rupee price moves with both SOL's US-dollar price and the USDT/INR rate; use our Solana in rupee page for any amount.
Has Solana's price moved since this brief was published?
SOL is down 0.14% since this brief first published — trading at ₹8,690 ($91.39) now versus ₹8,702 ($91.52) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.