Reported 2 days ago
Forward Industries has successfully closed a $1.65 billion PIPE deal aimed at developing a corporate crypto treasury based on Solana. The investment, led by Galaxy Digital, Jump Crypto, and Multicoin Capital, is intended to solidify the company's balance sheet with Solana's native token, SOL. The stock price saw a significant pre-market increase of 15% as the firm joins a growing list of public companies adopting cryptocurrency treasuries.
Source: YAHOO