Forward Industries Launches Solana Treasury With $1.58 Billion Purchase
Forward Industries has commenced its Solana treasury strategy with an acquisition of more than 6.8 million SOL, backed by major industry players. Galaxy, Multicoin, & Jump Back Forward’s Solana Treasury According to a press release, Forward Industries has completed its initial liquid Solana purchases totaling 6,822,000 SOL for its treasury strategy. The tokens cost the […]
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A $1.65 billion war chest for Solana is now live in public markets. Forward Industries (NASDAQ: FORD) closed one of the largest PIPE financings in crypto to date—funded entirely in cash and stablecoins—to establish what sponsors call “the world’s largest Solana digital asset treasury strategy,” with proceeds earmarked primarily to purchase SOL and then actively […]
Forward Industries, known for making protective casing for medical devices, has announced a massive $1.65B private placement to go big on Solana ($SOL). Backed by big names like Galaxy Digital and Multicoin Capital, the move shows tremendous institutional confidence in Solana’s future. Forward Industries’ stocks shot up by 6% right after the announcement and have […]
Solana (SOL) experienced a notable 6% price increase to start the week, following the announcement of a new initiative involving three major players in the crypto sector: Galaxy Digital, Jump Crypto, and Multicoin Capital. This collaboration aims to establish a new Solana treasury. $1.65 Billion PIPE Offering To Establish Solana Treasury In a revelation made earlier on Monday, Forward Industries (FORD) disclosed its plans for a private investment in public equity (PIPE) offering, with commitments totaling $1.65 billion in cash and stablecoins. This offering is being spearheaded by....
Notable attention and interest are currently being directed to the Solana blockchain following the introduction of the SOL treasury reserves, which have seen persistent growth. While the SOL blockchain continues to demonstrate its dominance, Forward Industries is about to launch its tokenized shares using the network. FORD Tokenized Shares Coming To The Solana Blockchain Institutions […]
Helius Medical Technologies has officially kick-started its Solana (SOL) treasury strategy with an initial acquisition of 760,190 tokens. Helius Has Started Buying Solana With Its $500 Million Raise As announced in a press release, Helius Medical Technologies has completed its first Solana purchase for its digital asset treasury strategy. In total, the company has acquired […]