Reported 2 days ago
Kyle Samani, co-founder of Multicoin Capital, asserted that their decision to establish a treasury company based on Solana was driven by strong conviction, initiated by the SEC's recent remarks about moving US securities markets on-chain. Launched under the name Forward Industries, the firm aims to capitalize on Solana's yield generation capabilities and integrate traditional finance into the blockchain ecosystem, with plans to stake and earn returns in both DeFi and through arbitrage opportunities.
Source: YAHOO