Advanced industries listed at Nasdaq (FORD) said Thursday that he had closed private investment of $ 1.65 billion in public equity (PIPE) Deal to develop the Crypto-Tresor of a Solana company centered .
The cash and Stablecoin commitments, led by Galaxy Digital, Jump Crypto and Multicoin Capital, finance the company’s plan to anchor its assessment in the native token of Solana, soil.
The three main investors contributed more than $ 300 million, joined by companies such as Bitwise Asset Management, Borderless Capital and Skybridge Capital, as well as several founders of providential cryptography and investors. The co-founder of Multicoin, Kyle Samani, has been appointed Chairman of the Board of Directors, while Chris Ferraro de Galaxy and Sarabh Sharma of Jump Crypto will serve as observers.
The actions of the company jumped up to 15% before offering some of the trading earnings before the market.
This decision comes as public enterprises explore digital assets, holding crypto directly on their balance sheets, seeking to reflect early adopters such as Micheal Saylor’s strategy (MSTR)who has become the biggest Bitcoin business owner .
Cash companies focused on Solana, including development (DFDV)Upexi (Upxi) and soil strategies (STSS) Collectively, keep more than $ 1.4 billion in ground, according to blockworks data.
Read more: Forward Industries increases $ 1.65 billion to launch Solana Treasury, shares increase 128% before the market
