Lates News

According to Businesswire, the global design company Forward Industries, Inc. (NASDAQ: FORD) has announced that it will use $1.65 billion in cash and stablecoin commitments for a private equity investment (PIPE) led by Galaxy Digital, Jump Crypto, and Multicoin Capital to launch a digital asset fund management strategy focused on Solana to remain aligned with the rapidly growing Solana ecosystem. One of the company's largest existing shareholders, C/M Capital Partners, LP, also participated in this transaction. Galaxy, Jump Crypto, and Multicoin will provide funding and strategic support to help Forward Industries build and execute its Solana financial strategy.