WIZE Expands Self-Management of Solana Held by SBI VC Trade, Doubling Scale

Key Points of This Article

• Approximately 66,000 SOL held in-house, added to validation operations while maintaining custody.
• Achieved dual revenue generation through staking rewards and validation rewards.

Doubling Operational Scale, Strengthening Revenue Structure

On the 12th, WIZE Corporation announced that it has established a system to operate Solana (SOL) held by SBI VC Trade, a subsidiary of SBI Holdings, through its own validator, "WIZE Validator."

Typically, the management of cryptocurrencies deposited with exchanges is entrusted solely to the exchange, making it difficult for depositors to designate validators. This initiative is characterized by enabling operations with its own validator while maintaining custody at SBI VC Trade.

In addition to the approximately 66,000 SOL held by the company being added to the operational scale of "WIZE Validator," there has also been an increase in external delegations. The operational scale expanded from approximately 92,000 SOL as of July 31, 2026, to about 210,000 SOL as of August 10.

The expansion of operational scale directly correlates with increased revenue opportunities for validators. The company anticipates that its growing presence on the Solana network will lead to further external delegations.

Mechanism of Dual Revenue Generation

Validators are operators who process and approve transactions on Solana, with opportunities for block generation allocated based on the amount of SOL collected, and the associated fees become revenue. Until now, the company has only generated operational profits from staking rewards on its held SOL.

With the establishment of this system, the held SOL will generate both staking rewards and validation rewards. The WIZE Validator commenced full operations on March 23, 2026, creating a dual revenue source.

Regarding the impact on performance, the company states it is minimal and there will be no changes to the consolidated performance forecast.

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