According to news from CoinWorld on August 27, The Information reported that the new SOL treasury company 'Solana Co' was jointly launched by Pantera Capital, Summer Capital, and two Asian strategic partners from Avenir Group. Summer Capital, established in 2017, is one of the earliest licensed financial institutions in Asia to invest in the digital asset space, with a portfolio that includes Hashkey, Immutable, Upbit, Animoca, and more. Avenir Group, founded by Mr. Li Lin, is an emerging investment group with a global perspective, focusing on investments in financial innovation and cutting-edge technology. According to yesterday's news, Pantera Capital is raising $1.25 billion to acquire a publicly listed company and transform it into a SOL treasury company.