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Helius Closes $500 Million PIPE
Helius Medical TechnologiesHelius Medical Technologies(US:HSDT) Crowdfund Insiderยท2025-09-19 15:14

Group 1 - Helius Medical Technologies has successfully closed a $500 million PIPE to pursue a Solana Treasury Strategy, indicating a strong commitment to blockchain technology [1] - Solana is positioned as a high-performance blockchain that may dominate institutional and financial services, with significant backing from Pantera Capital and Summer Capital [1] - The project has raised a total of $1.25 billion in gross proceeds, attracting a diverse range of investors including Big Brain Holdings, Avenir, and Animoca Brands [2] Group 2 - Following the funding close, Helius appointed Joseph Chee as Executive Chairman and Director, highlighting a strategic leadership shift [3] - The company aims to maximize SOL per share, with a focus on the migration of capital markets to blockchain, particularly through Solana [3] - Pantera Capital's founder Dan Morehead is involved as a Strategic Advisor, emphasizing the importance of retail investor access to digital asset treasury [1][3]