Helius Raises $500M for Solana Treasury Firm, Shares Soar 200%
Helius Raises $500M for Solana Treasury Firm, Shares Soar 200%
Key Takeaways
- Helius Medical Technologies raised over $500M to launch a Solana-focused treasury vehicle.
- Shares surged 200%+ in pre-market trading following the announcement.
- The treasury strategy aims to grow beyond $1.25B through SOL holdings, staking, and DeFi.
Pantera and Summer Capital Lead $500M Raise
Helius Medical Technologies (Nasdaq: HSDT) announced on Monday it has raised more than $500 million in an oversubscribed private financing round to establish a Solana-focused treasury company. The funding was co-led by Pantera Capital and Summer Capital, with participation from Animoca Brands, FalconX, HashKey Capital, Avenir, SinoHope, Arrington Capital, and others.
The vehicle will accumulate Solana’s SOL token as its primary reserve asset, with a strategy designed to leverage staking rewards and decentralised finance opportunities. The company said it intends to expand the treasury’s value to over $1.25 billion through warrant-linked financing.
Following the news, Helius shares skyrocketed over 200%, trading above $24 in pre-market, while Solana’s price dipped around 4% in the same period.
SOL as a Treasury Asset For Helium
The initiative reflects growing confidence in Solana’s role within blockchain capital markets. Helius pointed to Solana’s high throughput of 3,500+ transactions per second, its 3.7 million daily active wallets, and its 23 billion transactions year-to-date as reasons for choosing SOL as its reserve asset.
Unlike Bitcoin, which is non-yield-bearing, Solana offers a ~7% native staking yield. Helius plans to use staking, lending, and DeFi strategies to make the treasury financially productive by design.
Dan Morehead, founder of Pantera Capital, said the move could accelerate institutional participation in Solana’s ecosystem:
“We believe Solana is a category-defining blockchain and the foundation on which a new financial system will be built. A productive treasury company backing this network substantially increases access and adoption worldwide.”
More News: What Is Linea? Complete Guide to the Airdrop and Claim Process
Helium’s Leadership and Strategy
The Solana treasury initiative will be overseen by Joseph Chee, Founder of Summer Capital and former Head of Investment Banking for Asia at UBS, who will serve as Executive Chairman.
He will be joined by Cosmo Jiang, General Partner at Pantera Capital, as Board Observer, and Dan Morehead, who will serve as Strategic Advisor.
Chee said the mission is to maximise value per share by leveraging Solana’s strengths in speed, scalability, and financial productivity:
“Our thesis is that all capital market transactions, from tokenisation to payments, are moving onto blockchain rails. Helius aims to bridge public markets with the Solana network, where we expect the majority of that activity to take place.”
Helius expects to grow its SOL position over the next 12–24 months, supported by a capital markets program including at-the-market sales and warrant-linked financing.
Institutional Roadmap For Helium
With the closing expected around September 18, 2025, the treasury strategy will begin with direct SOL accumulation and expand into yield-generating opportunities across the Solana DeFi ecosystem.
Helius also pledged transparency and verification of its holdings to boost investor trust and align with Solana’s growing global community.
Clear Street acted as exclusive financial advisor and lead placement agent for the offering, with Maxim Group and Tiger Securities as co-placement agents.
Helium’s Market Impact
Helius’ treasury play echoes the strategy pioneered by Michael Saylor’s MicroStrategy, which built shareholder value by holding Bitcoin as a reserve. But Helius is betting on Solana’s ability to generate native yield and support DeFi growth, potentially offering stronger financial returns.
This deal also highlights increasing institutional willingness to back Solana as a long-term infrastructure layer for global finance. With Pantera and Summer Capital among the lead investors, Helius’ treasury could set a precedent for similar blockchain-native reserve models.
What Next For Helium Medical
If successful, Helius’ Solana treasury could become a cornerstone in institutional digital asset management, combining public market fundraising, blockchain-native reserves, and yield-driven strategies.
Investors will now watch how quickly Helius can scale its treasury toward the $1.25 billion target and whether Solana’s network performance sustains institutional confidence. To stay updated on crypto funding news and trends, visit our fundraising area for more insights.
The post Helius Raises $500M for Solana Treasury Firm, Shares Soar 200% appeared first on Ventureburn.