Altcoins News

Story: Pantera Capital Eyes $1.25B Raise to Create Solana Treasury Firm

By James Thorp

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The $1.25 Billion Treasury Plan. The proposal involves a two-stage fundraising structure:

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Why Solana?. Pantera emphasized that the long-term success of a DAT hinges on the “investment merit of the…

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Growing Trend of Solana Treasuries. Pantera’s interest is not happening in isolation. Over the past year, several Nasdaq-listed…

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Institutional Momentum Builds. Pantera’s move also comes as other heavyweight crypto firms explore similar initiatives.

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Risks of Concentration. While the prospect of large corporate Solana holdings excites investors, it also raises concerns.

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What It Means for SOL. Solana has already seen growing momentum in 2025, with developer activity rebounding and adoption…

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Pantera Capital is reportedly preparing one of the largest-ever corporate treasury bets on Solana (SOL).

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If successful, the initiative could make Pantera’s new vehicle the single largest Solana treasury in existence—surpassing the combined holdings of all currently listed companies…

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This approach would allow Pantera to deploy significant capital over time while keeping flexibility for future Solana acquisitions.

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Pantera has already been experimenting with the digital asset treasury (DAT) model. Earlier this month, the firm disclosed that it had quietly committed $300 million across DATs,…

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“The impact will not be just about size, but more about symbolism,” said Shawn Young, chief analyst at MEXC Research.

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The symbolism of Pantera’s bet could mirror the effect that corporate treasuries have had on Bitcoin, where major holdings by Strategy (formerly MicroStrategy) helped frame BTC…

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Pantera’s interest is not happening in isolation. Over the past year, several Nasdaq-listed companies have pivoted into Solana treasury strategies:

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DeFi Development Corp (DFDV), formerly a real estate and AI services firm, disclosed in July that it had doubled its SOL holdings to more than 163,000 tokens worth $21 million.

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Classover, an edtech company, revealed in June that it had acquired 6,500 SOL as part of a $500 million convertible note program.

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