Project Sumtera: Solana Digital Asset Treasury (DAT)

Institutional access to Solana’s digital asset treasury with liquidity, scalability, and strategic partnerships.

Past Offering

Product Type

Participation through a US-listed company (via PIPE)

Target Returns

2.1x mNAV (average DATs return)

Tenor

No expiration

Min. Investment

USD 250,000

Investment Highlights

  • Summer Capital, in a strategic partnership with Solana Foundation and Pantera Capital, is jointly launching this SOL-DAT.
  • A target NASDAQ company is raising up to US$500m via a private placement (PIPE). Investors will get an opportunity to purchase equity at 1.0x multiple to Solana Net Asset Value (“mNAV”).
  • Investment amount: minimum 250,000 USD.
  • No lock-up period: 50% of the invested quantum free to trade after 30 days and balance 50% after another 30 days.

About Summer Capital

Summer Capital is an investment management company founded by seasoned financial professionals dedicated to investing in early and growth stage companies in “new economy” sectors such as fintech and blockchain infrastructure. A crypto Pioneer in Asia, Summer Capital is the earliest licensed fund manager in Hong Kong to invest in crypto, having done so since 2018. 

About Pantera Capital

First U.S. institutional asset manager focused exclusively on blockchain technology. Since 2013, Pantera has invested in digital assets and blockchain companies, providing investors with the full spectrum of exposure to the space. Pantera Capital anchored the first US DAT and is the most crypto active investor in DATs, leading Wall Street Credibility.