Galaxy Digital Buys $700M Solana, Backs Forward Industries - CVJ.AI

04:18 13.09.2025 robbob

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Galaxy Digital has acquired over $700 million worth of Solana in just two days, signaling major institutional confidence in the blockchain. The purchases are tied to Galaxy’s leading role in a $1.65 billion investment in Forward Industries, which aims to build the world’s largest publicly traded Solana treasury. Solana’s price surged to $241, its highest since January, amid growing optimism.

Galaxy Digital transferred over 3 million SOL from exchanges in multiple transactions, underscoring strategic accumulation.
Forward Industries' $1.65 billion raise, led by Galaxy with Jump Crypto and Multicoin, will create the largest public Solana treasury.
Solana's price surge to $241 reflects market anticipation of institutional inflows and potential ETF approvals.

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Related Tags: Bitcoin Dogecoin Ethereum SolanaPaul AtkinsSECETF

Other Tags: Jump Crypto, Mike Novogratz, Galaxy Digital, Multicoin Capital, Nasdaq, Solflare

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