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Pantera and Summer Capital raise $1.25 billion to turn neurotech firm into Solana treasury company
Yahoo Finance·2025-09-15 12:20

A new digital assets treasury company is set to hit the public markets. On Monday, a neurotechnology company called Helius Medical Technologies announced that it was raising up to 1.25billioninaprivatesharessaletostockpileSolana,oneoftheworldslargestcryptocurrencies.Thedealincluded1.25 billion in a private shares sale to stockpile Solana, one of the world’s largest cryptocurrencies. The deal included 500 million of capital on hand and 750millioninwarrantstofundfuturepurchasesofSolana.PanteraCapital,oneofthebiggestventurecapitalfirmsincryptowithover750 million in warrants to fund future purchases of Solana. Pantera Capital, one of the biggest venture capital firms in crypto with over 5 billion in assets under manage ...