Forward Industries (NASDAQ: FORD) has secured $1.65 billion in cash and stablecoin commitments through a private investment round led by Galaxy Digital, Jump Crypto, and Multicoin Capital. The funds will support the launch of a Solana-focused digital asset treasury strategy. Galaxy and Jump Crypto will provide infrastructure, while Multicoin brings deep expertise in Solana investments. This move positions Forward Industries at the forefront of the growing institutional interest in Solana’s blockchain ecosystem.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Ethereum, the second-largest cryptocurrency in the world, is entering one of its most interesting phases…
The SEC has officially closed its years-long investigation into Ondo Finance, and the timing signals…
This week’s Top crypto analysis highlights a market sitting at a critical turning point as…
The U.S. SEC has closed its two-year investigation into Ondo Finance, started in October 2023…
As the crypto market prepares for another potential bull cycle, investors are actively hunting for…
A new market thesis is grabbing attention. Author and industry expert Shanaka Anslem Perera says…
