Forward Industries completes $1.65 billion private equity investment to build Solana treasury
Source: Binance
Time: 2025-09-11 19:58:37
According to Wu, Nasdaq-listed Forward Industries completed a $1.65 billion private equity investment transaction on September 11 to build a treasury with Solana as the core. Galaxy, Jump Crypto and Multicoin Capital led investments of more than $300 million. Forward Industries' shares rose 15% at one point before the market, but gave up some of the gains in pre-market trading. Blockworks data shows that the Solana-focused financial firm holds more than $1.4 billion in SOL.