Pantera Capital plans to raise 1.25 billion USD to acquire a publicly traded company, Solana Investments, and rename it ‘Solana Co.’

On August 26, Cointelegraph reported that Pantera Capital is looking to raise 1.25 billion USD to acquire a Nasdaq-listed company, rebranding it as ‘Solana Co.’ This venture aims to strengthen Solana ($SOL) holdings. Additionally, Sharps Technology announced a 400 million USD private placement to support Solana’s financial initiatives.