Solana News Today: Pantera Capital Raises $1.25 Billion to Create Largest U.S. Solana Treasury Vehicle

Pantera Capital is spearheading a $1.25 billion fundraising initiative to create a publicly traded Solana treasury firm, which could become the largest corporate holder of Solana (SOL) tokens in the United States [1][2][3]. The firm plans to convert a Nasdaq-listed company into a dedicated Solana treasury vehicle, with the goal of accumulating a significant stake in the fast-growing blockchain platform [4][5]. This move is seen as a major institutional endorsement of Solana, reinforcing its position as a leading layer-1 blockchain [6].

The fundraising effort is structured in two phases. The first phase targets $500 million, while the second phase, totaling $750 million, will be raised through token warrants. Pantera has already committed $300 million of its own capital, underscoring its long-term conviction in Solana’s potential [7]. The firm’s strategy involves leveraging digital asset treasury vehicles (DATs) to generate yield and grow net asset value over time [8].

Institutional interest in Solana has been growing rapidly, with firms like Galaxy Digital, Jump Crypto, and Multicoin Capital also participating in the initiative [1]. These developments suggest a broader shift in institutional capital toward blockchain-based investment vehicles that offer liquidity and regulatory clarity [9]. Public Solana treasuries are already holding over $695 million in assets, and this new effort could significantly expand that figure [10].

Analysts suggest that if Pantera’s strategy unfolds as planned, Solana could see increased market liquidity and broader adoption within the institutional space. One analyst forecasts that Solana’s price could reach $300 per token under favorable conditions, though such projections are speculative and depend on broader market dynamics [8]. The initiative also reflects a growing trend of venture capital firms influencing the evolution of blockchain infrastructure and investment frameworks [1].

This development is expected to have ripple effects across the crypto ecosystem, particularly for Solana and related decentralized finance tokens. The increased institutional backing may drive further innovation and integration with existing financial systems, reinforcing blockchain’s role as a legitimate asset class [2].

Source:

[1] Yahoo Finance, (https://finance.yahoo.com/news/pantera-capital-eyes-1-25b-023914069.html)

[2] CCN.com, (https://www.ccn.com/news/crypto/pantera-leads-1-25b-raise-solana-treasury-institutional-interest-accelerates/)

[3] Mitrade, (https://www.mitrade.com/insights/news/live-news/article-3-1070071-20250826)

[4] The Crypto Basic, (https://thecryptobasic.com/2025/08/26/pantera-capital-targets-1-25b-to-create-largest-us-listed-solana-treasury/)

[5] AInvest, (https://www.ainvest.com/news/solana-news-today-pantera-launches-1-25b-raise-create-largest-public-solana-treasury-vehicle-2508/)

[6] Coinpaper, (https://coinpaper.com/10720/pantera-capital-could-create-the-largest-corporate-solana-holder-with-1-25-b)

[7] The Information, (https://www.theinformation.com/articles/crypto-fund-pantera-seeks-raise-1-25-billion-solana-deal)

[8] Coinspeaker, (https://www.coinspeaker.com/panteras-1-25b-sol-bet-analyst-sees-solana-hitting-300/)

[9] XT.com, (https://www.xt.com/en/blog/post/pantera-capital-targets-1-25-billion-to-convert-public-company-into-solana-focused-digital-asset-treasury)