Solana News Today: Pantera Raises $1.25B to Create Largest Public Solana Treasury Vehicle

Pantera Capital is making a major institutional move to reshape how digital assets are integrated into traditional markets. The firm is preparing to raise $1.25 billion to transform a Nasdaq-listed company into a public Solana treasury vehicle, which it plans to rename “Solana Co.” The initiative involves an initial $500 million capital raise and a secondary $750 million through warrants, creating a multi-stage funding structure that reflects its confidence in Solana’s long-term value [1][2][3]. The goal is to establish the largest corporate Solana treasury to date, further solidifying the blockchain’s institutional appeal.

The move aligns with a broader trend of institutional investors allocating capital directly to digital assets. Public Solana treasuries now hold 3.71 million SOL, valued at approximately $700 million, representing 0.69% of the total token supply. This accumulation suggests a growing structural demand for Solana as a long-term portfolio asset [4]. Pantera’s strategy mirrors its earlier Bitcoin playbook, where it positioned itself as a public proxy for exposure to the asset. Now, it aims to replicate this model for Solana, potentially offering Wall Street a new, regulated entry point into the crypto market [5].

The initiative is also part of a larger ecosystem of institutional Solana treasury-building efforts. Other firms such as Galaxy Digital, Jump Crypto, and Multicoin Capital are raising $1 billion for a Solana-focused reserve, while Upexi holds over 2 million SOL—currently the largest single corporate Solana reserve on record. These developments indicate a shift in how digital assets are being viewed and managed, with token accumulation and yield generation becoming core components of institutional treasury strategies [6].

Pantera’s push is expected to create tighter supply dynamics for Solana, especially when combined with other treasury projects. This could enhance long-term price resilience and further legitimize Solana as an institutional-grade asset class. As of press time, Solana (SOL) traded at $188.96, ranking sixth among cryptocurrencies, with a market cap of $102.14 billion and a 4.96% weekly gain [7].

Pantera’s $1.25 billion initiative highlights the ongoing convergence of traditional finance and the digital asset space. By creating a publicly traded vehicle focused on Solana, the firm is not only deepening its own stake in the ecosystem but also setting a potential precedent for how other institutional investors might approach blockchain-based assets in the future [8].

Source:

[1] Pantera Capital Eyes $1.25B Raise to Create Solana Treasury – Yahoo Finance

https://finance.yahoo.com/news/pantera-capital-eyes-1-25b-023914069.html

[2] Pantera Capital Eyes $1.25B Raise to Build Nasdaq-Listed – Yahoo Finance

https://finance.yahoo.com/news/pantera-capital-plans-1-25b-063023248.html

[3] Pantera’s Big Bet: $1.25 Billion for Solana Co. Launch – Coinpaper

https://coinpaper.com/10720/pantera-capital-could-create-the-largest-corporate-solana-holder-with-1-25-b

[4] Solana News Today: Pantera Launches $1.25B Raise to – AInvest

https://www.ainvest.com/news/solana-news-today-pantera-launches-1-25b-raise-create-largest-public-solana-treasury-vehicle-2508/

[5] Pantera Seeks $1.25B to Create Solana Co. That Could – Blockchair

https://blockchair.com/news/pantera-capital-solana-treasury--0be02c41b5dcac2e

[6] Galaxy Digital, Jump Crypto, and Multicoin Capital Are Raising $1B for a Solana-Focused Reserve – Coinpaper

https://coinpaper.com/10720/galaxy-digital-jump-crypto-and-multicoin-capital-are-raising-1b-for-a-solana-focused-reserve

[7] Pantera's $1.25B SOL Bet: Analyst Sees Solana Hitting $300 – CryptoRank

https://cryptorank.io/news/feed/9cd8f-panteras-1-25b-sol-bet-analyst-sees-solana-hitting-300

[8] Solana News Today: Pantera Aims to Raise $1.25 Billion to – AInvest

https://www.ainvest.com/news/solana-news-today-pantera-aims-raise-1-25-billion-build-largest-solana-treasury-vehicle-2508/