Solana Company ($HSDT) Mastermind Zhu Junwei Joseph Chee: Collaborating with Pantera to create DAT 2.0, igniting a wave of institutional funding from the East and West.

Former UBS Asia Investment Banking霸主朱俊偉 ((Joseph Chee)) officially ventures into Web3 by founding and launching Solana Company (($HSDT)) on NASDAQ. He teams up with top-tier capital firm Pantera, aiming to create the “Berkshire Hathaway of the Solana ecosystem.” (Background: How should the Solana Foundation promote ecosystem development?; Supplementary: A guide for Solana builders on token launches—I’ve found the only platform that doesn’t cut the newcomers.)

“SOL could potentially break $500 in the next six months and challenge the $1,000 mark in the next bull market,” declared Joseph Chee, Chairman of Solana Company, during the latest episode of the East-West Capital Dialogue show “168X,” where he unveiled his comprehensive strategy blueprint for building the “Solana Ecosystem Berkshire.”

This former UBS Asia investment banking titan led over 150 IPOs and 300 equity, convertible bond, and debt transactions across China and Asia during the golden decade of Asian capital markets, raising over $250 billion and helping numerous state-owned and private enterprises achieve marketization and internationalization—becoming one of the most influential figures in Asian financial history. Now, he has gathered over $500 million in funding from Pantera Capital, Wall Street, and top Asian investors to build the next-generation digital asset treasury (DAT)—Solana Company (NASDAQ: HSDT).

This article summarizes key insights from the 168X (@168X_Fortune) program—a top-tier platform connecting Eastern wisdom and Western innovation, focusing on AI, blockchain, robotics, space tech, and biotech, exploring how technology, capital, and human wisdom will reshape human civilization. Hosted by ex-banker Mr. Z.

Host: Mr. Z (@168MrZ)
Guest: Joseph Chee (@JosephChee_)

From Wall Street to China’s “Golden Decade”: A Strategic Turn by a Banking Titan

Joseph Chee’s career is a legend spanning East and West capital markets. Starting with an MBA from NYU, he entered Citigroup during the dot-com bubble, launching his investment banking career on Wall Street. As China rose, he moved to Hong Kong with the capital surge. During his time at UBS (UBS), he participated in China’s “Golden Decade” of capital markets, leading landmark deals like the Bank of China Hong Kong merger, Wanda Commercial Real Estate IPO, PetroChina IPO, and the North-South Railway merger—paving the way for Chinese companies to access global markets.

“Back then, the air was filled with optimism and energy,” he recalls. “Entrepreneurs and bankers were full of drive, believing they were building a new world.” His team once completed seven IPOs in a week, with single-transaction fees reaching $120 million—an era of China’s rapid economic growth.

Having witnessed China’s economic miracle firsthand, Joseph Chee deeply understands the power of emerging markets and institutional shifts. He believes the crypto industry is at a similar historic juncture—where technology, demographics, and capital are converging at the right time and place to reshape global finance.

“I’ve seen such miracles in China,” he says. “And this time, the stage is in the world of blockchain and digital assets.”

From Traditional Finance to Web3: Founding Summer Capital

Post-2013, Joseph Chee sensed a shift. “The financial crisis changed everything. Investment banking culture shifted from encouraging ‘miracle creation’ to emphasizing ‘no mistakes,’ with compliance as the top priority.” This risk-averse environment prompted him to establish Summer Capital in 2017, marking a key transition from sell-side to buy-side.

He admits, “Transforming from a banker to an entrepreneur was extremely challenging. Investment banking training makes you highly risk-averse, always seeking zero-risk profits. But true entrepreneurs, once they see their goal, embrace risk and move decisively.”

Through venture capital and private equity fund management, along with deep operational involvement in portfolio companies, Joseph Chee underwent a mental and skillset evolution. “Now, I feel ready.” The innovative DAT (Digital Asset Treasury) model perfectly combines his deep understanding of Wall Street and Asian markets, his investment insight into emerging sectors, and the boldness and vision of an entrepreneur.

“This platform is tailor-made for me,” he concludes. His transition signifies a comprehensive move from traditional finance to the new era of digital assets, with Solana Company representing the culmination.

Why Choose Solana? “Data-Driven Decisions on Wall Street”

Among many blockchains, why did Joseph Chee choose Solana to build his digital asset treasury? His pragmatic answer reflects typical Wall Street wisdom: “Choosing Solana is simple. Data doesn’t lie.”

“If you analyze operational data across all blockchains, Solana is the clear winner,” he explains. “It’s the most affordable, scalable, with the most active users and new developers. From key profitability metrics, it might also be the most profitable blockchain this year.”

Beyond technical advantages, he emphasizes ecosystem vitality. “Solana’s partners and foundation have built an excellent underlying infrastructure. My job is to present these outstanding performance metrics clearly to investors—showing them this is the most powerful blockchain you can find.”

He expects that in the coming months, as more Wall Street analysts cover the DAT sector, Solana’s undeniable data performance will make it stand out among other chains.

“From a data perspective, Solana is the simplest choice and the easiest story to tell on Wall Street.”

DAT 2.0 Flywheel: WKSI Qualification and Capital’s Perpetual Motion Machine

Unlike other DAT models, Solana Company’s transaction structure reflects Joseph Chee’s deep experience in traditional capital markets. With a PIPE financing of $500 million, innovative 1:1 warrant design, and industry-leading resale registration timelines, the key strategic goal is to obtain “Well-Known Seasoned Issuer” ((WKSI)) status.

“WKSI is not just a title; it’s a game-changer,” Chee explains. “It grants us significant flexibility in financing, allowing us to bypass lengthy SEC approval processes and achieve ‘Immediate Registration, Immediate Issuance’—especially crucial in the current environment of frequent U.S. government shutdowns.”

To be continued…