#SOLTreasuryFundraising
Pantera Capital, a major venture capital and hedge fund from the United States, is leading a $1.25 billion effort to turn a publicly traded company into a treasury vehicle dedicated to Solana, called Solana Co.
The plan includes an initial fundraising of $500 million from institutional investors, plus $750 million through warrants, with a personal commitment from Pantera of $100 million.
This project is based on their experience of investing over $300 million in treasury companies across various digital assets this year.
Analysts highlight that Pantera combines public stocks with long-term token accumulation, aiming to generate returns and increase corporate exposure to Solana.
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