🟣 Solana is reaching the level of institutional treasuries
Two powerful signals from major funds confirm the growing belief in Solana as a foundation for on-chain capital markets.
🔹 Solana Company (backed by Pantera Capital and Summer Capital) raised $500 million and formed a significant SOL treasury portfolio.
• Purchased 760,190 SOL immediately after launch
• Focus: active treasury management through staking, lending, and DeFi
• The strategy resembles MicroStrategy, but with on-chain enhancements unavailable to traditional ETFs
🔹 Forward Industries, led by Multicoin Capital, goes even further —
💰 $1.6 billion directed towards on-chain strategies in the Solana ecosystem.
📊 What this means for $SOL :
• Growth in institutional demand
• Formation of on-chain alternatives to traditional treasuries
• Increased role of Solana as infrastructure for global financial markets
💡 Solana is increasingly perceived not just as L1, but as a platform for institutional on-chain capital management.
#sol #solana #defi #OnChainFinance #CryptoNews
