Jon Matonis named SOL Strategies chairman

Jon Matonis was appointed chairman of SOL Strategies on May 11, 2026. He resigned from his role as chief economist the following day, on May 12, 2026.

Matonis has served on SOL Strategies’ board since May 2020 and was a founding director of the Bitcoin Foundation. His background includes work in financial cryptography and early institutional Bitcoin efforts.

SOL Strategies acquired Darklake’s Zyga zero-knowledge proof system and has entered an agreement to acquire HoudiniSwap. The company announced those transactions as part of a shift to add privacy features to projects tied to the Solana blockchain.

Zero-knowledge proofs let one party prove a statement is true without revealing the underlying data. Companies use those proofs to limit the exposure of on-chain transaction details while still providing verifiable information.

SOL Strategies is listed on the Canadian Securities Exchange under HODL and on Nasdaq under STKE. The company describes itself as the first publicly traded firm focused on building out the Solana ecosystem and offers investors exposure to Solana-related development without requiring direct ownership of the SOL token. Investor inquiries are directed to CFO Doug Harris and John Ragozzino.

Matonis will lead the board while operational responsibilities remain with the company’s executive team. SOL Strategies did not provide further comment beyond the effective dates for the appointment and resignation.