Forward Industries Surges 12% Premarket On $1.65B Raise To Fund Solana Treasury Strategy
Posted On September 11, 2025
Solana (CRYPTO: SOL) is up 8% over the past week, buoyed by news that more companies are looking to accumulate SOL as a treasury asset.
Forward Industries (NASDAQ:FORD) on Thursday announced the completion of a $1.65 billion private placement to advance its Solana-focused treasury strategy.
The round was led by Galaxy Digital, Jump Crypto, and Multicoin Capital, with participation from Bitwise, ParaFi, SkyBridge Capital, and Borderless Capital, alongside prominent angel investors from …
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