Solana News Today: Helius Rebrands as Solana Company to Bridge Traditional and Blockchain Finance

Helius Medical Technologies, Inc. (NASDAQ: HSDT) has formally rebranded as "Solana Company," reflecting its strategic pivot to become a premier digital asset treasury (DAT) focused on Solana (SOL). The name change, approved by the company’s board, aligns with a non-binding letter of intent with the Solana Foundation to collaborate on initiatives that promote Solana’s growth. The agreement includes commitments to on-chain activity exclusivity on Solana, institutional partnership referrals, and co-hosted events, underscoring the company’s long-term alignment with the blockchain’s ecosystem Preeminent SOL Treasury Company Helius (NASDAQ:HSDT) Announces Corporate Name Change to Solana Company and Letter of Intent with Solana Foundation^[1].

The rebranding follows a $500 million private investment in public equity (PIPE) led by Pantera Capital and Summer Capital, which will fund the company’s digital asset treasury strategy. Helius plans to allocate capital toward accumulating SOL tokens, leveraging Solana’s native staking yield of approximately 7% to generate consistent returns for shareholders. The company retains cash from the financing to further expand its treasury holdings, positioning itself as a bridge between traditional capital markets and blockchain-based yield generation Preeminent SOL Treasury Company Helius (NASDAQ:HSDT) Announces Corporate Name Change to Solana Company and Letter of Intent with Solana Foundation^[1].

The collaboration with the Solana Foundation includes provisions for Helius to purchase SOL tokens at a discount, subject to certain conditions. This partnership is described as a "show of strength" for the Solana Company’s mission, according to Joseph Chee, Executive Chairman of Helius. The company’s focus on Solana aligns with the blockchain’s performance metrics: Solana processes over 3,500 transactions per second, averages 3.7 million daily active wallets, and has surpassed 23 billion transactions year-to-date Preeminent SOL Treasury Company Helius (NASDAQ:HSDT) Announces Corporate Name Change to Solana Company and Letter of Intent with Solana Foundation^[1].

Industry observers highlight the strategic significance of the move. Dan Morehead, founder of Pantera Capital, noted that the rebranding positions Helius as a "preeminent SOL DAT," introducing Solana to a broader investor base. Cosmo Jiang of Pantera Capital added that the company’s institutional advocacy for Solana development will accelerate the blockchain’s adoption, contrasting it with non-yield-bearing assets like Bitcoin Preeminent SOL Treasury Company Helius (NASDAQ:HSDT) Announces Corporate Name Change to Solana Company and Letter of Intent with Solana Foundation^[1]. The shift also places Helius in direct competition with Forward Industries, another listed DAT that raised $1.58 billion in a similar strategy Helius Raises $500M for Solana Treasury, Stock Soars 200%^[2].

The rebranding and fundraising have driven a sharp rise in Helius’s stock price, which surged over 200% in pre-market trading following the announcement. This reaction reflects growing institutional interest in blockchain-based treasury strategies and the potential for listed companies to integrate digital assets into their capital structures. The move mirrors broader trends in the corporate sector, where firms like MicroStrategy have pioneered the use of cryptocurrencies for treasury reserves Helius Raises $500M for Solana Treasury, Stock Soars 200%^[2].

Solana’s ecosystem has gained momentum amid a regulatory shift in the U.S., where the SEC’s approval of spot crypto ETFs has spurred investor confidence. While Helius’s rebranding is not directly tied to ETF filings, the company’s focus on Solana aligns with the rising demand for blockchain exposure through traditional financial vehicles. The REX-Osprey Solana Staking ETF, launched in July 2025, exemplifies this trend by offering investors yield-generating exposure to Solana through a regulated structure .

Helius’s strategic pivot underscores the evolving role of publicly traded companies in the digital asset space. By aligning with Solana’s high-performance blockchain and institutional-grade yield opportunities, the company aims to capitalize on the convergence of traditional and decentralized finance. As the Solana Company, it positions itself at the forefront of a broader movement to integrate blockchain technology into corporate treasury management and institutional investment strategies Preeminent SOL Treasury Company Helius (NASDAQ:HSDT) Announces Corporate Name Change to Solana Company and Letter of Intent with Solana Foundation^[1].