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Forward Industries has completed a $165 million cash and stablecoin committed private placement to advance its Solana Treasury strategy.
By: theblockbeats.news|2025/09/11 18:42:44
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BlockBeats News, September 11th, according to market sources, Forward Industries completed a $1.65 billion cash and stablecoin committed private placement to advance its Solana Treasury strategy.
On September 8th, 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) offering, with lead investments from Galaxy Digital, Jump Crypto, and Multicoin Capital, to kickstart a Solana-centric digital asset treasury strategy.
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