Helius Joins Solana Treasury Trend With $500 Million Funding For New DAT Stra...
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,....
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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 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 […]
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....
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 […]
Helius says it has re-engineered how Solana’s historical data is stored and retrieved, introducing a new archival backend and an RPC method that collapses today’s multi-call workflows into a single request. CEO Mert Mumtaz framed the change in sweeping terms: “today, Solana changes forever… we’ve solved the biggest data/RPC problem that exists,” he wrote, arguing […]