Helius Closes $500M Private Placement with Pantera, Summer Capital, and Solana Partnership.

Helius Medical Technologies has closed a private placement offering with Pantera Capital and Summer Capital, raising over $500 million to launch a SOL treasury company. The financing, which drew participation from leading investors, unlocks capital markets to accelerate Solana's growth and has the potential to raise over $1.25 billion in aggregate gross proceeds. The SOL-backed treasury vehicle is a preeminent SOL treasury company.