Pantera Capital is set to raise up to $1.25 billion to transform a Nasdaq-listed company into a Solana-focused investment firm. The crypto fund plans to acquire the public company, rename it "Solana Co," and utilize the funds to accumulate Solana (SOL) tokens. This strategic move underscores Pantera's commitment to expanding its presence in the Solana ecosystem.
Pantera Capital to Raise $1.25B for Solana Investment Firm
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.