Pantera Plans Up to $1.25B Solana Fund as Galaxy, Multicoin & Jump Eye $1B in SOL Acquisitions

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.