Galaxy Digital, Multicoin Capital and Jump Crypto seek to lift $ 1 billion to build a treasure dedicated to Solana’s ground (GROUND)Bloomberg reported on Monday.
The three crypto companies joined themselves and hired Cantor Fitzgerald as a main banker, according to the report, citing people familiar with the issue. They plan to buy a listed company and create a digital asset cash company, added the report.
The treasures of digital assets have recently become fashionable, with many companies copying the strategy popularized by Bitcoin by Michael Saylor hold a firm strategy (MSTR).
At the time of the press, Galaxy, Multicoin and Jump did not immediately respond to the commentary request from Coindesk
The agreement should conclude in early September and obtained the green light from the Solana Foundation, noted the report.
The combined company will face the listed soil strategies in Toronto, which recently filed a list of fight against the Nasdaq.
Read more: Sol Strategies Files to register on Nasdaq
