BlockBeats News, on September 12, according to monitoring by lookonchain, Galaxy Digital is assisting Forward Industries in acquiring SOL worth $1.65 billion. In the past 12 hours, Galaxy Digital has withdrawn 1,452,392 SOL (worth $326 million) from trading platforms.
On September 8, Forward Industries, Inc. (NASDAQ: FORD) announced that it had raised $1.65 billion in cash and stablecoin subscription funds through a private investment in public equity (PIPE), with Galaxy Digital, Jump Crypto, and Multicoin Capital leading the round. The funds will be used to launch a digital asset treasury strategy centered on Solana.