Forward Industries Raises $1.65 Billion for Solana Focus: Largest Public Solana Holder Emerges

Forward Industries just secured a landmark $1.65 billion private placement, aiming to build the largest Solana treasury among U.S.-listed companies. This move cements their position as the leading public holder of Solana ($SOL). Key investors include Galaxy Digital, Jump Crypto, and Multicoin Capital, injecting over $300 million into the fund.