Multicoin: In addition to the fund's joint investment in Forward Industries, individuals also invested $25 million
Source: Odaily
Time: 2025-09-12 08:57:08
Odaily Planet Daily News Multicoin Capital co-founder Kyle Samani posted on X that in addition to Multicoin Capital's joint investment in Forward Industries, he personally invested $25 million. Previously, Nasdaq listed company Forward Industries (NASDAQ: FORD) officially announced that it has received a total of US$1.65 billion in cash and stablecoin commitment to launch a digital asset treasury strategy with SOL as the core through a PIPE transaction (public listed company private equity financing). The financing was led by Galaxy Digital (NASDAQ:GLXY), Jump Crypto and Multicoin Capital, which is one of the company's largest shareholders, C/M Capital Partners.