Helius (NASDAQ: HSDT) teams up with Pantera Capital and Summer Capital to announce more than $500 million in funding to form SOL Treasury Company
Source: CoinWorld
Time: 2025-09-15 20:15:40
Helius Medical Technologies has completed an oversubscribed private equity offering, raising more than $500 million and possibly raising an additional $750 million through warrants. The funds will be used to acquire Solana as its main asset and to take advantage of Solana’s staking yield and DeFi opportunities of about 7%. Leading by Pantera Capital and Summer Capital, the program aims to accelerate agency adoption of Solana and is powered by a leadership team with deep capital markets and cryptocurrency expertise.