Hong Kong has designated Solana Company, a Nasdaq-listed firm specializing in blockchain infrastructure, as a strategic enterprise under a government program designed to promote economic growth and technological advancement in the city.
OASES initiative expands with blockchain focus
The Office for Attracting Strategic Enterprises (OASES), an initiative established by the Hong Kong government to draw innovative companies to the region, has selected Solana Company as part of its seventh intake. According to the company, it is the only blockchain infrastructure enterprise included among those chosen in 2026.
OASES aims to strengthen Hong Kong’s position as a global technology and financial hub by providing targeted support and incentives to high-growth firms in critical sectors.
With the latest additions, the number of enterprises recognized under the OASES framework has reached 142. Government officials stated that the program is intended to facilitate collaboration between strategic companies and local institutions, creating new opportunities for innovation and investment.
Mini dictionary: OASES (Office for Attracting Strategic Enterprises) is a Hong Kong government program that offers incentives, expedited talent recruitment processes, and regulatory support to attract global technology leaders and high-growth companies to the city.
Solana Company’s blockchain infrastructure plans
A spokesperson for Solana Company explained that the new designation provides a centralized point of contact across Hong Kong government agencies and regulators. This structure enables the company to streamline its hiring of international talent and cultivate partnerships with local financial institutions.
Solana Company delivers blockchain solutions by operating staking and validator infrastructure. Additionally, the firm advises banks and other financial entities on the adoption of blockchain technology and maintains Solana (SOL) tokens as part of its digital assets strategy.
Solana Company emphasized that joining the OASES program allows for faster growth in Asia and supports the company’s efforts to establish a robust validator presence in Hong Kong’s dynamic market.
Pacific Backbone initiative
As part of its expansion, Solana Company intends to launch validator operations in Hong Kong under its Pacific Backbone initiative. This project is aimed at strengthening a low-latency blockchain infrastructure network across the Asia-Pacific region, with the goal of enhancing efficiency and reliability in digital asset transactions.
Executives at Solana Company have described the Pacific Backbone as an important step in building advanced blockchain infrastructure to meet the growing needs of enterprises throughout Asia.
The company’s involvement in large-scale regional projects, such as the Pacific Backbone, reflects ongoing efforts by blockchain firms to reinforce Hong Kong’s status as a leading innovation center in Asia.
| Enterprise | Industry | OASES Batch | Specialization |
|---|---|---|---|
| Solana Company | Blockchain Infrastructure | Seventh (2026) | Staking, Validator Operations |
| Others (17 new additions) | Diverse (Finance, Tech, Biotech) | Seventh (2026) | Various |
Strategic ambitions and regional engagement
Solana Company has previously signaled its commitment to supporting large-scale crypto initiatives throughout the region, having been associated with Kazakhstan’s $6 billion digital asset development program.
The company’s growing presence in Asia is viewed as a move to capitalize on rising demand for blockchain infrastructure and solutions tailored to institutional partners and governments.
OASES recognition is expected to accelerate Solana Company’s collaboration with local stakeholders and support the government’s vision to position Hong Kong as a leader in blockchain innovation.
