Billionaire Firms Plan $1 Billion Solana Acquisition

Three major crypto investment firms, Galaxy Digital, Multicoin Capital, and Jump Crypto, are teaming up to acquire a substantial $1 billion in Solana (SOL). This ambitious move, facilitated by Cantor Fitzgerald as their lead banker, will establish the largest Solana-focused treasury in the industry. The combined influence of these firms on the crypto market could significantly impact Solana’s market value and liquidity.