Forward Industries (NASDAQ: FORD) announced $1.65 billion in cash and stablecoin commitments for a private investment in public equity offering led by Galaxy Digital (NASDAQ: GLXY), Jump Crypto, and Multicoin Capital to initiate a Solana-focused digital asset treasury strategy. C/M Capital Partners, LP, one of the Company’s largest shareholders, also participated. The sponsors will provide both capital and strategic support to position Forward Industries as the leading publicly traded institutional participant in the Solana ecosystem, leveraging Galaxy’s institutional platform, Jump Crypto’s infrastructure expertise, and Multicoin’s deep investment history in Solana projects.
Forward Industries (NASDAQ: FORD) announced $1.65 billion in cash and stablecoin commitments for a private investment in public equity offering led by Galaxy Digital (NASDAQ: GLXY), Jump Crypto, and Multicoin Capital to initiate a Solana-focused digital asset treasury strategy. C/M Capital Partners, LP, one of the Company’s largest shareholders, also participated. The sponsors will provide both capital and strategic support to position Forward Industries as the leading publicly traded institutional participant in the Solana ecosystem, leveraging Galaxy’s institutional platform, Jump Crypto’s infrastructure expertise, and Multicoin’s deep investment history in Solana projects.
Galaxy Digital (NASDAQ:GLXY), Multicoin Capital, and Jump Crypto are in discussions with investors to raise approximately $1 billion for a Solana (CRYPTO: SOL)-
Bullish is the latest crypto-themed company to go public in 2025. But its diversified crypto products aimed at institutional investors make it stand out.
Galaxy Digital reported second-quarter revenue of $8.66 million, down from $8.88 million year-over-year. The company reported second-quarter earnings of 8 cents per share, missing analyst estimates of 10 cents per share, according to Benzinga Pro.
Fundamental Global (NASDAQ: FGF, FGFPP) has priced a $200 million private placement of 40,000,000 prefunded common stock warrants at $5.00 each to fund its new Ethereum treasury strategy, with proceeds used to purchase ETH as its primary reserve asset. Strategic investors include Galaxy Digital (NASDAQ: GLXY), which will also manage the Ethereum treasury, and Kraken, alongside Hivemind Capital, Syncracy Capital, Digital Currency Group, and Kenetic. The Company plans to rebrand as FG Nexus Inc., with new ticker symbols FGNX and FGNXP expected to go live shortly.
Fundamental Global (NASDAQ: FGF, FGFPP) has priced a $200 million private placement of 40,000,000 prefunded common stock warrants at $5.00 each to fund its new Ethereum treasury strategy, with proceeds used to purchase ETH as its primary reserve asset. Strategic investors include Galaxy Digital (NASDAQ: GLXY), which will also manage the Ethereum treasury, and Kraken, alongside Hivemind Capital, Syncracy Capital, Digital Currency Group, and Kenetic. The Company plans to rebrand as FG Nexus Inc., with new ticker symbols FGNX and FGNXP expected to go live shortly.
Mill City Ventures III, Ltd. (NASDAQ:MCVT), a non-bank lender and specialty finance company, announced a $450 million private placement to adopt a Sui (CRYPTO: SUI) treasury strategy, marking a significant
