Solana Treasury Helius Targets 5% Of SOL, Eyes Hong Kong Listing
Helius is looking to expand its Solana treasury to at least 5% of the cryptocurrency’s supply and considering a second listing in Hong Kong. Solana Digital Asset Treasury Firm Helius Aiming For At Least 5% Of SOL As reported by Wu Blockchain, NASDAQ-listed Helius Medical Technologies is planning on acquiring at least 5% of the […]
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Helius Medical Technologies has officially kick-started its Solana (SOL) treasury strategy with an initial acquisition of 760,190 tokens. Helius Has Started Buying Solana With Its $500 Million Raise As announced in a press release, Helius Medical Technologies has completed its first Solana purchase for its digital asset treasury strategy. In total, the company has acquired […]
Helius Labs CEO Mert Mumtaz ignited a fresh round of debate inside the Solana ecosystem on September 10 after floating the idea of a Solana-aligned stablecoin whose reserve yield would be redirected to SOL via buybacks or burns—either as an “enshrined” protocol feature or, more likely, through competing digital-asset treasury companies (DATs). “Warming up to […]
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....
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,....
Hong Kong’s Securities and Futures Commission (SFC) has rolled out stricter custody rules for licensed crypto exchanges to protect user assets. Hong Kong SFC’s Crypto Custody Overhaul Targets Wallet Weakness In a website announcement, the Hong Kong SFC revealed a new circular addressing minimum custody requirements for all licensed virtual asset trading platforms (VATPs). The […]