This morning I was shocked by the report from The Information! @PanteraCapital's operation is amazing, planning to raise up to $1.25 billion to directly transform a listed company into a Solana investment company.

I think this news is indeed very interesting, this time Pantera is not just a simple investment. Their operation is truly deep involvement, directly pushing their partner Marco Santori into the board, which means they will participate directly in the company's governance.

To be honest, seeing such a level of funding and this kind of operational method really leaves me a bit stunned. The figure of $1.25 billion is itself quite exaggerated, but more importantly, they chose the Solana track. Solana's ecosystem has indeed developed well, with various projects emerging one after another, and choosing to heavily invest in the SOL ecosystem at this time is quite well-timed.

Pantera's approach to directly controlling a listed company is indeed much more aggressive than simple fund investment. What they are doing is essentially integrating the traditional listed company structure with crypto investment completely, and if this model succeeds, it could become a template for many institutions to learn from.