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3iQ Solana stake ETF selects Figment as the service provider and will be listed on the Toronto Stock Exchange.
According to the Gate.io News bot, Cointelegraph reports that Canada's asset management company 3iQ's Solana stake ETF (SOLQ) has confirmed Figment as the staking service provider. The ETF was approved by the Ontario Securities Commission (OSC) on April 14 and is scheduled to be listed on the Toronto Stock Exchange on April 16.
3iQ indicates that the annualized return of the fund is between 6% and 8%, and it will conduct staking of SOL tokens through TD Bank in Canada.