Pantera Capital to Launch Solana Co., A $1.25B Treasury Vehicle

Pantera Capital, a leading venture capital firm, is launching a new Digital Asset Treasury Company (DAT) called Solana Co. with a target funding of $1.25 billion. This initiative aims to accumulate Solana tokens as part of its corporate treasury. Pantera Capital will begin with a $500 million initial raise and subsequently acquire an additional $750 million through warrants. 🧠 The DAT is expected to generate yield, potentially increasing the net asset value per share over time. The firm believes this approach allows for greater token ownership than simply holding tokens alone.