Nasdaq Firm Targets $500M SOL Reserve As Corporate Crypto Treasuries Boom

Corporate cryptocurrency treasuries continued their growth trajectory this week, as publicly listed US companies continued announcing plans to raise hundreds of millions for altcoin treasury reserves.

On Monday, Nasdaq-listed Helius Medical Technologies announced the launch of a $500 million corporate treasury initiative built around the Solana token (SOL), signaling more corporate crypto adoption.

A day later, Standard Chartered’s venture arm, SC Ventures, announced plans to raise $250 million in capital for a digital asset investment fund, set to…