Solana’s Institutional Wave Builds: Pantera Eyes $1.25 Billion Treasury
Pantera Capital is seeking to raise $1.25 billion for a Solana treasury, adding to the wave of institutional momentum building behind the asset. Pantera Plans To Convert A Nasdaq-Listed Firm Into A Solana Treasury Vehicle As first reported by The Information, Pantera Capital is planning to raise funds to create a Solana treasury vehicle. Initially, […]
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Institutional investment in Solana (SOL) has entered a new phase, with corporate treasuries and leading funds accelerating their exposure to the blockchain. Related Reading: Is XRP’s Big Rally Coming? CEO Predicts $10–$25 Pantera Capital, Galaxy Digital, and Helius Medical Technologies have emerged as the most prominent players, collectively pushing Solana holdings above $3.8 billion. This surge in capital mirrors early adoption cycles once seen in Bitcoin and Ethereum, fueling speculation that Solana could evolve into a critical layer of global finance and overall crypto adoption. Pantera....
Forward Industries, known for making protective casing for medical devices, has announced a massive $1.65B private placement to go big on Solana ($SOL). Backed by big names like Galaxy Digital and Multicoin Capital, the move shows tremendous institutional confidence in Solana’s future. Forward Industries’ stocks shot up by 6% right after the announcement and have […]
“We want to provide liquidity for people that are kind of giving up because we’re still very bullish for the next 10 or 20 years,” said CEO Dan Morehead. Dan Morehead, founder and CEO of Pantera Capital, reportedly said the hedge fund was planning to raise $1.25 billion for a second blockchain fund.According to a Sept. 28 Bloomberg report, Morehead said Pantera aimed to close the blockchain fund by May. The fund will reportedly invest in digital tokens and equity in an effort to appeal to institutional investors.“We want to provide liquidity for people that are kind of giving up because....
Nasdaq-listed firm Helius Medical Technologies Inc. unveiled the launch of a $500 million Solana-focused Digital Asset Treasury (DAT) backed by Pantera Capital and Summer Capital. Related Reading: Bitcoin Consolidates Above $115K As Market Eyes Fed’s Sept 17 Policy Move Helius Reveals Solana Treasury Strategy On Monday, Helius Medical Technologies, a neurotech company in the medical device field, announced an oversubscribed private investment in public equity (PIPE) offering of common stock to launch a new Solana treasury strategy. The offering, led by Pantera Capital and Summer Capital,....
Bitcoin’s market cap has broken above $1 trillion for the first time, signaling growth of more than 900% in less than one year. Bitcoin has rallied into new all-time highs above $53,700, pushing its market cap above $1 trillion for the first time.Bitcoin’s late 2020 rally appeared to be sparked by an unprecedented wave of demand from institutions and billionaires, with the trend set after the world’s largest publicly traded business intelligence company, MicroStrategy, revealed it had converted $250 million of its treasury into BTC on Aug. 11.BTC/USDT daily chart. Source: TradingViewBy the....