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 […]
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 […]
Multicoin Capital co-founder Kyle Samani believes Solana-native Digital Asset Treasuries (DATs) have a structural advantage over Bitcoin-focused vehicles—and that the mechanics underpinning those DATs could become a durable, price-positive flywheel for SOL. Speaking on Blockworks’ Empire podcast days after Forward Industries closed a $1.65 billion PIPE led by Galaxy, Jump, and Multicoin, Samani argued that Solana’s yield, composable DeFi, and on-chain corporate operations create cash flows and optionality that Bitcoin simply can’t match. Why Solana DATs Beat Bitcoin “We’re building a new....
Forward Industries has commenced its Solana treasury strategy with an acquisition of more than 6.8 million SOL, backed by major industry players. Galaxy, Multicoin, & Jump Back Forward’s Solana Treasury According to a press release, Forward Industries has completed its initial liquid Solana purchases totaling 6,822,000 SOL for its treasury strategy. The tokens cost the […]