PANews August 26 news, according to Cointelegraph, the crypto fund Pantera Capital plans to raise up to $1.25 billion to acquire a Nasdaq-listed company and rename it "Solana Co." The company will focus on accumulating Solana ($SOL) and further develop the Solana ecosystem.

Previously, news emerged yesterday that Sharps Technology announced a private placement of over $400 million to establish a financial strategy for Solana digital assets.