Wall Street Giants Pool Resources for $1 Billion Solana Reserve

Industry giants like Galaxy Digital, Jump Crypto, and Multicoin Capital are in advanced discussions to create a $1 billion Solana reserve fund. Instead of launching a new entity from scratch, this plan involves acquiring an existing company and transforming it into a dedicated digital asset holding vehicle for Solana. Cantor Fitzgerald is reportedly handling the financial aspects of this deal, if successful. This move could significantly reshape the Solana ecosystem by creating a record-breaking reserve that reflects growing institutional confidence in the network.