Helius soars after securing funding to launch solana treasury company: CNBC Crypto World

Market Trends & Cryptocurrency Performance - Major cryptocurrencies experienced declines at the start of the week, with Bitcoin slightly dipping to $114,000 [1] - Ether decreased by nearly 2%, and Solana's SOL token dropped approximately 45% to $233 [2] - Equities showed gains, contrasting the downward trend in cryptocurrencies [2] - Digital Asset Treasuries (DATs) are gaining traction, with over $20 billion raised this year, attracting both crypto and traditional finance funds [19][20] Helios Medical Technologies & Solana Treasury - Helios Medical Technologies is raising over $500 million to launch a Solana-focused treasury company [4] - The treasury company aims to deliver over $125% billion via stock warrants and will hold SOL as its reserve asset [5][6] - The new treasury plans to generate revenue through staking, lending, and other opportunities [5] - Helios Medical Technologies' stock soared by over 150% following the announcement [5] Panta Capital's Strategy & Perspective - Panta Capital is heavily invested in Solana and sees it as a game-changing technology [9] - Panta believes DATs offer potentially better exposure than directly owning the underlying assets, generating up to 7% yield [12] - Panta emphasizes its experience in guiding the DAT space, having been involved since the beginning [8][9][10][15] - Panta sees a white space for Solana DATs, anticipating two or three large DATs for each major token (Bitcoin, ETH, Solana) [17][18]