SOL Strategies Inc. appointed Jon Matonis as Chairman of the Board, effective May 11, 2026, the company said. Matonis subsequently resigned as Chief Economist effective May 12, while Luis Berruga will continue to serve as a member of the board.

Matonis, a founding director of the Bitcoin Foundation, brings decades of experience in digital assets, monetary policy and financial cryptography. He previously served in executive positions at Visa and VeriSign and has advised numerous blockchain companies. He has been with SOL Strategies since 2018 and has served as a director since 2020.

The appointment comes as SOL Strategies advances its expansion strategy through the acquisition of Darklake’s Zyga zero-knowledge proof system and its planned acquisition of HoudiniSwap. CEO Michael Hubbard said the company is strengthening its position as an operating business focused on privacy-first technologies within the Solana ecosystem.