Pantera Capital To Be part of SOL Treasury Race With $1.25B Fundraise

Contents

Pantera Capital Has Already Deployed $300M Into Crypto Treasury Corporations A number of Nasdaq-Listed Corporations Creating Their Personal SOL Treasuries Pantera Not The Solely Firm Trying To Make A $1B SOL Treasury Wager Associated Articles:

Be part of Our Telegram channel to remain updated on breaking information protection

Pantera Capital is planning to lift $1.25 billion to transform a Nasdaq-listed firm into a number one SOL treasury agency that’s tentatively referred to as Solana Co.

That’s according to a report from The Info, which mentioned the crypto fund supervisor goals to lift an preliminary sum of $500 million, adopted by one other $750 million by way of warrants.

Warrants are agreements that give a capital supplier the fitting to purchase firm inventory sooner or later at a value established when the warrants have been issued.

If the $1.25 billion is raised and Solana Co. is created, it might mark the most important devoted effort to date towards making a SOL treasury agency.

Pantera Capital is getting ready an enormous $1.25B increase to create a Solana-focused treasury agency, beginning with $500M in fairness and $750M in warrants. If profitable, this entity may maintain extra SOL than all present public company treasuries mixed.
On the identical time, companies like… pic.twitter.com/vGHv47vypK
— ApeWitch (@ape_witch) August 26, 2025

“Digital Asset Treasury corporations are an incredible instance of the unbelievable demand in public markets to get publicity to this dynamic area,” mentioned founder Dan Morehead, a former Goldman Sachs and Tiger International Administration dealer, on the Wyoming Blockchain Symposium final week.

Pantera Capital Has Already Deployed $300M Into Crypto Treasury Corporations

This isn’t the primary crypto treasury associated growth made by Pantera Capital, which manages about $5 billion in belongings.

Earlier this month, the fund supervisor disclosed that it deployed roughly $300 million into digital asset treasury (DAT) companies.

Within the disclosure, Pantera Capital mentioned that “proudly owning a DAT may provide a better potential in comparison with holding tokens instantly by way of an ETF.” It is because DATs are capable of generate yield by way of staking, which will increase their respective web asset worth per share.

A number of the corporations that Pantera has added to its portfolio embody Twenty One Capital, DeFi Improvement Corp, and SharpLink Gaming, giving it publicity to cryptos that embody Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Binance Coin (BNB), Toncoin (TON), Hyperliquid (HYPE), Sui (SUI) and Ethena (ENA).

Pantera Capital To Be part of SOL Treasury Race With .25B Fundraise

Pantera DAT portfolio (Supply: Pantera Capital)

The primary funding by the Pantera DAT Fund was in BitMine, which it mentioned has “a transparent strategic roadmap and the management to execute it.”

This week, Pantera additionally joined ParaFi Capital in backing Sharps Know-how, one other SOL-focused treasury agency focusing on greater than $400 million in capital.

A number of Nasdaq-Listed Corporations Creating Their Personal SOL Treasuries

Pantera’s transfer is the newest in a rising variety of Nasdaq-listed companies which can be turning their consideration to Solana with plans to construct their very own treasuries across the crypto.

Corporations comparable to Upexi, DeFi Improvement Corp and BitMining have all been accumulating SOL in current months.

Information from CoinGecko reveals that there are presently 5 corporations throughout two international locations that collectively maintain 3,715,814 SOL valued at greater than $700 million. This equates to round 0.69% of SOL’s whole provide.

Upexi is the most important of those Solana treasuries, with its holdings of two,000,518 SOL. This whole is after the corporate purchased one other 98,709 SOL within the final 30 days.

DeFi Improvement is the following greatest company SOL holder, with its holdings of 1,270,259 tokens. Much like Upexi, it additionally purchased extra SOL within the final 30 days, including one other 291,769 tokens to its reserves.

The one different firm to purchase extra SOL previously month is Exodus Motion, which is presently ranked because the fifth-biggest SOL treasury after its first buy of 34,578 SOL, in accordance with CoinGecko.

Regardless of the continued shopping for strain from public corporations, the value of SOL has dropped barely over the previous month.

Whereas increasingly corporations are beginning to create their very own SOL treasuries, the variety of these corporations remains to be low in comparison with the 305 entities that presently maintain Bitcoin (BTC) on their steadiness sheets.

It’s additionally lower than the 70 corporations that presently have an Ethereum (ETH) treasury and collectively maintain round 4.3 million tokens valued at over $19.12 billion.

Pantera Not The Solely Firm Trying To Make A $1B SOL Treasury Wager

Pantera’s $1.25 billion SOL Treasury play additionally follows on the heels of the same transfer by crypto trade giants Galaxy Digital, Multicoin Capital, and Leap Crypto.

In response to Bloomberg, the three crypto trade titans are in talks to lift $1 billion to construct their very own SOL treasury firm. Cantor Fitzgerald has been tapped because the lead banker, with the Solana Basis backing the deal as effectively. The deal may shut in early September.

The three corporations plan to take the same strategy to Pantera, changing an already-listed public firm right into a treasury entity.