Forward Industries completes $1.65 billion in cash and stablecoin commitments to private placement to advance Solana's vault strategy

According to BlockBeats, on September 11, according to market news, Forward Industries completed a $1.65 billion cash and stablecoin commitment private placement to promote the Solana vault strategy. On September 8, Forward Industries, Inc. (NASDAQ: FORD) announced that it would raise $1.65 billion in cash and stablecoin subscription funds through private equity investment (PIPE), led by Galaxy Digital, Jump Crypto and Multicoin Capital to launch a digital asset treasury strategy centered on Solana.