Pantera Plans Up to $1.25B Solana Fund as Galaxy, Multicoin & Jump Eye $1B in SOL Acquisitions
The post Pantera Plans Up to $1.25B Solana Fund as Galaxy, Multicoin & Jump Eye $1B in SOL Acquisitions appeared on BitcoinEthereumNews.com.
COINOTAG News (Aug. 26), citing The Information, reports that cryptocurrency fund Pantera is reportedly seeking to raise up to $1.25 billion to convert a publicly traded vehicle into a dedicated Solana investment firm. The proposed capitalization would support concentrated SOL acquisitions and establishment of a treasury focused on Solana exposure, per the report. Separately, market sources indicate that Galaxy Digital, Multicoin Capital and Jump Crypto have engaged potential investors about raising roughly $1 billion for large-scale SOL accumulation. These developments underscore growing institutional interest in constructing significant on-chain treasuries, while specific terms and timelines remain subject to confirmation by the firms involved. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/pantera-plans-up-to-1-25b-solana-fund-as-galaxy-multicoin-jump-eye-1b-in-sol-acquisitions/
