- The name change demonstrates deeper integrity with the blockchain industry.
- The company will enjoy a variety of benefits, including discounted solcoin and joint initiatives.
- The Solana Company focuses on creating cryptocurrency strategies centered around SOL purchases.
Helius Medical Technologies, Inc. (NASDAQ: HSDT) has been officially rebranded as the Solana Company, showing bold changes while diving deep into the blockchain sector.
🚨New: Helius Medical Technologies has rebranded “Solana Company” and signed a non-binding agreement with @Solana Foundation. The agreement includes the term “Solana by Design.” All Solana activities, joint initiatives and the option to purchase Sol at a discounted price. pic.twitter.com/xf5pkn7txs
– September 29, 2025
The move comes after a recent raise of $500 million (supported by top names including Summer Capital and Pantera capital) to launch the Solana Treasury Department in mid-September.
The brand reflects its strategic alignment with Solana's blockchain sector, which is recognized as the fastest growing ecosystem in digital assets.
This dedication shows Solana's confidence in her future potential.
Helius executive chairman and Summer Capital Chairman Joseph Chie said:
Today's HSDT announcement includes a change in the company name and an agreement with the Solana Foundation, showing the long-term conviction in Solana. Clear long-term integrity is a sign of support and strength in Solana's company's mission.
HSDT deepens relationship with the Solana Foundation
In addition to the name change, the company, along with some investors, has signed a non-binding intent with the Solana Foundation.
What does this mean? Well, the contract outlines the various commitments (“Solana by Design).
These include ensuring that all blockchain activities occur only on the Solana blockchain, hosting events to highlight the functionality of the network, and partnering with institutional referrals.
Most importantly, this agreement gives Solana Company a significant financial lever.
The company can purchase SOL assets from the Foundation at a discounted price.
Meanwhile, these perks can be used to strengthen the position of the Ministry of Finance, which will boost Solana's ecosystem.
Promotes the adoption of Solana by the Ministry of Digital Assets Treasury
In addition to the depth of name change and collaboration, Solana Company will form the Ministry of Digital Assets Treasury (DAT) centered around SOL assets.
This month, Helius Medical confirmed its $500 million raised dedicated to funding its cryptocurrency financial plan.
ulaking: Helius Medical Technologies, Inc. (NASDAQ: HSDT) has announced a $500 million excess pipe headed by @Panteracapital and Summer Capital to launch the Solana Treasury Company. The vehicle includes a $750 million staple warrant, which could exceed $1.25 billion. pic.twitter.com/vxaxgdp44d
– September 15th, 2025, solanafloor (@solanafloor)
On the other hand, benefits such as speed, scalability and yield probably attracted the company to Solana.
To increase the return of Crypto Holdings, the mechanisms supporting Sol yields, providing a native staking yield of approximately 7% can be utilized.
Solana has more financial benefits than non-Yield-generated cryptocurrencies like Bitcoin.
“We're committed to providing a range of services to our customers,” said Dan Morehead, HSDT Strategic Advisor and managing partner at Pantera.
Data is providing access to the blockchain market to a new kind of investors. The Solana Company is set to become an outstanding soldat by introducing Solana to an increasing audience.
Sol Price Outlook
Solana's native tokens were fueled for a wider recovery and traded green today.
Global crypto market capitalization has risen by more than 2.7% in the past day to $3.9 trillion.
Sol trades at $208 after a 2% increase in its daily chart.
After a plunge from the $250 peak, Altcoin rebounds, an 85% increase in 24-hour trading volume improves emotions.
Meanwhile, institutional benefits, including RWA domination, position Sol for incredible performance in the coming months and years, with supporters targeting $1,000 milestones.
