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

According to Cointelegraph, crypto fund Pantera Capital plans to raise up to $1.25 billion to acquire a Nasdaq-listed company and rename it "Solana Co." The company will focus on accumulating Solana ($SOL) and further developing the Solana ecosystem.