09:31 AM EST, 11/05/2025 (MT Newswires) -- Torrent Capital ( TRRPF ) on Wednesday said it exited its position in Solana (SOL) through a series of transactions primarily between Sept. 16 and Oct. 16.

The company said that the SOL tokens were sold at an average price of C$281, resulting in gross proceeds of approximately $12.4 million and a realized gain of approximately $1.57 million before tax.

A statement noted that, following this exit, Torrent no longer holds a spot position in Solana but retains upside exposure to approximately 5,000 SOL through option contracts.

The company said that the proceeds from the disposition are being held in cash and cash equivalents, "providing flexibility to deploy in new investment opportunities" aligned with the company's strategic priorities.

"Our investment in Solana delivered favourable returns in a relatively short period of time," said Torrent Capital's ( TRRPF ) chief executive officer Wade Dawe. "Divesting of the position enhances Torrent's cash position and crystallizes gains, better positioning the company for a shifting risk environment across capital markets."

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