Helius (NASDAQ:HSDT), in Partnership with Pantera Capital and Summer Capital Announces Over $500 Million in Funding to Launch SOL Treasury Company
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Helius, in partnership with Pantera Capital and Summer Capital, has announced over $500 million in funding to launch a Solana treasury company. The funding is reported to have been secured through a private placement, although some details of the transaction and the company's involvement with other entities, such as Twinstake and various custodians, are unclear. The development appears to be part of a broader effort by Helius, which may be rebranding as Solana Company, to expand its ties to the Solana blockchain network.
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