NEW YORK--(BUSINESS WIRE)--Dec 12, 2025--
Blockworks, in partnership with the Solana Foundation, today announced the launch of Lightspeed IR, the first dedicated investor-relations platform designed to meet the needs of institutional investors and token issuers in the Solana ecosystem. The platform will go live in Q1, marking a major step toward closing the information gap that has constrained institutional participation in digital assets.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251211695412/en/
Crypto is entering its institutional era. Major enterprises are launching chains, traditional financial institutions are issuing stablecoins, and real onchain revenue is becoming measurable. As a result, the marginal buyer of tokens is shifting. Liquid token funds, multi-asset hedge funds, asset managers, macro investors, and family offices are increasingly seeking exposure to high-quality crypto networks like Solana. Yet investor adoption continues to be hindered by fragmented information, inconsistent data, and materials written for crypto natives rather than institutional decision-makers.
Lightspeed IR directly addresses this gap, offering a unified, professional environment built for rigorous diligence and capital allocation.
Lightspeed IR provides:
Solana was selected as the platform’s launch ecosystem due to its unique position at the intersection of crypto-native adoption and institutional readiness. With real applications, meaningful revenue, and a robust founder base, Solana offers a mature environment that suffers from the same information fragmentation that slows institutional deployment across the industry.
“Institutions want to buy these tokens, but the industry makes it too hard for them,” Blockworks Head of Advisory, David Rodriguez, said. “Lightspeed IR brings the information, structure, and clarity that professional investors need to underwrite the Solana ecosystem with confidence.”
Lightspeed IR is purpose-built for:
For funds, Lightspeed IR becomes the institutional gateway to Solana.
For builders, it becomes a centralized investor hub.
In a world of noise, it delivers the signal.
Lightspeed IR launches in Q1.
Interested investors and teams can join the waitlist by submitting their email via this form.
Lightspeed IR is an investor-relations platform built for professional investors and token issuers.
BALTIMORE (AP) — A federal judge ordered Friday that U.S. immigration officials could not detain Kilmar Abrego Garcia, hours after his release from immigration detention.
Abrego Garcia was appearing Friday morning for a scheduled appointment at an Immigration and Customs Enforcement field office, some 14 hours after he was released from detention on a judge’s orders. His lawyers asked the judge to block authorities from detaining him again.
Officials cannot re-detain him until the court conducts a hearing on the motion for the temporary restraining order, U.S. District Judge Paula Xinis in Maryland said.
Abrego Garcia became a flashpoint of the Trump administration's immigration crackdown earlier this year when he was wrongly deported to a notorious prison in El Salvador. He was last taken into custody in August during a similar check-in.
Abrego Garcia on Friday stopped at a news conference outside the building, escorted by a group of supporters chanting “We are all Kilmar!”
“I stand before you a free man and I want you to remember me this way, with my head held up high,” Abrego Garcia said through a translator. “I come here today with so much hope and I thank God who has been with me since the start with my family.”
He urged people to keep fighting.
“I stand here today with my head held high and I will continue to fight and stand firm against all of the injustices this government has done upon me,” Abrego Garcia said. “Regardless of this administration, I believe this is a country of laws and I believe that this injustice will come to an end.”
After Abrego Garcia spoke, he went through security at the field office, escorted by supporters.
The agency freed him just before 5 p.m. on Thursday in response to a ruling from Xinis, who wrote federal authorities detained him after his return to the United States without any legal basis.
Abrego Garcia is a Salvadoran citizen with an American wife and child who has lived in Maryland for years. He immigrated to the U.S. illegally as a teenager to join his brother, who had become a U.S. citizen. In 2019, an immigration judge granted him protection from being deported back to his home country, where he faces danger from a gang that targeted his family.
While he was allowed to live and work in the U.S. under ICE supervision, he was not given residency status. Earlier this year, he was mistakenly deported and held in a notoriously brutal Salvadoran prison despite having no criminal record.
Facing mounting public pressure and a court order, Trump’s Republican administration brought him back to the U.S. in June, but only after issuing an arrest warrant on human smuggling charges in Tennessee. He has pleaded not guilty to those charges and asked a federal judge there to dismiss them.
The 2019 settlement found he had a “well founded fear” of danger in El Salvador if he was deported there. So instead ICE has been seeking to deport him to a series of African countries. Abrego Garcia has sued, claiming the Trump administration is illegally using the removal process to punish him for the public embarrassment caused by his deportation.
In her order releasing Abrego Garcia, Xinis wrote that federal authorities “did not just stonewall” the court, “They affirmatively misled the tribunal.” Xinis also rejected the government’s argument that she lacked jurisdiction to intervene on a final removal order for Abrego Garcia, because she found no final order had been filed.
ICE freed Abrego Garcia from Moshannon Valley Processing Center, about 115 miles (185 kilometers) northeast of Pittsburgh, on Thursday just before the deadline Xinis gave the government to provide an update on Abrego Garcia's release.
He returned home to Maryland a few hours later.
Check-ins are how ICE keeps track of some people who are released by the government to pursue asylum or other immigration cases as they make their way through a backlogged court system. The appointments were once routine but many people have been detained at their check-ins since the start of President Donald Trump's second term.
Abrego Garcia's attorney, Simon Sandoval-Moshenberg, said he’s prepared to defend his client against further deportation efforts.
“The government still has plenty of tools in their toolbox, plenty of tricks up their sleeve,” Sandoval-Moshenberg said, adding he fully expects the government to again take steps to deport his client. “We’re going to be there to fight to make sure there is a fair trial.”
The Department of Homeland Security sharply criticized Xinis' order and vowed to appeal, calling the ruling “naked judicial activism” by a judge appointed during the Obama administration.
“This order lacks any valid legal basis, and we will continue to fight this tooth and nail in the courts,” said Tricia McLaughlin, the department’s assistant secretary.
Sandoval-Moshenberg said the judge made it clear that the government can’t detain someone indefinitely without legal authority and that his client “has endured more than anyone should ever have to.”
Abrego Garcia has also applied for asylum in the U.S. in immigration court.
Abrego Garcia was hit with human smuggling and conspiracy to commit human smuggling charges when the U.S. government brought him back from El Salvador. Prosecutors alleged he accepted money to transport within the United States people who were in the country illegally.
The charges stem from a 2022 traffic stop in Tennessee for speeding. Body camera footage from a Tennessee Highway Patrol officer shows a calm exchange with Abrego Garcia. There were nine passengers in the car, and the officers discussed among themselves their suspicions of smuggling. However, Abrego Garcia was eventually allowed to continue driving with only a warning.
A Department of Homeland Security agent testified at an earlier hearing that he did not begin investigating the traffic stop until after the U.S. Supreme Court said in April that the Trump administration must work to bring back Abrego Garcia.
Kilmar Abrego Garcia waits to enter the building for a mandatory check at the Immigration and Customs Enforcement office in Baltimore, Friday, Dec. 12, 2025, after he was released from detention on Thursday under a judge's order. (AP Photo/Stephanie Scarbrough)
Kilmar Abrego Garcia speaks at a rally before a mandatory check at the Immigration and Customs Enforcement office in Baltimore, Friday, Dec. 12, 2025, after he was released from detention on Thursday under a judge's order. (AP Photo/Stephanie Scarbrough)
Kilmar Abrego Garcia listens with is brother Cesar Abrego Garcia during a rally ahead of a mandatory check at the Immigration and Customs Enforcement office in Baltimore, Friday, Dec. 12, 2025, after he was released from detention on Thursday under a judge's order. (AP Photo/Stephanie Scarbrough)
Kilmar Abrego Garcia speaks during a rally ahead of a mandatory check at the Immigration and Customs Enforcement office in Baltimore, Friday, Dec. 12, 2025, after he was released from detention on Thursday under a judge's order. (AP Photo/Stephanie Scarbrough)
Kilmar Abrego Garcia, center, and his brother Cesar Abrego Garcia, left, arrive at the Immigration and Customs Enforcement field office in Baltimore, Aug. 25, 2025. (AP Photo/Stephanie Scarbrough, File)
Kilmar Abrego García arrives to his home in Beltsville, Md., Thursday, Dec. 11, 2025, after being released from ICE custody. (AP Photo/Jose Luis Magana)
Kilmar Abrego García arrives to his home in Beltsville, Md., Thursday, Dec. 11, 2025, after being released from ICE custody. (AP Photo/Jose Luis Magana)
Kilmar Abrego García arrives to his home in Beltsville, Md., Thursday, Dec. 11, 2025, after being released from ICE custody. (AP Photo/Jose Luis Magana)
