Pantera Capital to Invest Up to $1.25 Billion in Solana

Pantera Capital, a prominent player in the crypto investment landscape, is making a significant move by planning to raise up to $1.25 billion for a dedicated Solana-focused investment firm. The company aims to acquire and rebrand a publicly traded company to establish “Solana Co” – a vehicle solely focused on investing in Solana ($SOL). This bold strategy reflects the growing institutional interest in Solana’s blockchain ecosystem, which has witnessed robust developer activity and increasing adoption despite market volatility.