Pantera Capital Eyes $1.25B to Create Nasdaq-Listed “Solana Co.” Treasury Vehicle
🔑 Key Takeaways Pantera Capital plans to raise $1.25 billion to transform a Nasdaq-listed firm into “Solana Co.,” a public vehicle dedicated to holding SOL as a treasury asset. The raise will occur in two phases: $500M equity and $750M via warrants. Pantera has already invested $300M in digital asset treasury companies , signaling strong conviction. If successful, Solana Co. would become the world’s largest corporate SOL treasury, reshaping institutional exposure to Solana. 🗞 Main Story Pantera Capital is launching an ambitious fundraising effort to establish “Solana Co.,” a Nasdaq-listed corporate treasury dedicated to Solana (SOL). The initiative seeks $1.25B in total , structured as $500M in equity followed by $750M in warrants , aimed at building the largest public treasury for SOL tokens. The strategy mirrors Pantera’s growing focus on digital asset treasury (DAT) companies . Having already deployed $300...