BREAKING: MULTICOIN'S DAT RAISING $680M ON-CHAIN TO BUY $SOL

Two addresses that raised $680M on-chain belong to Forward Industries, Multicoin’s $1.6B $SOL DAT. They have just transferred all funds to Galaxy Digital to purchase $SOL.

Forward industries closed a "$1.65 Billion Private Placement in Cash and Stablecoin Commitments to Advance Solana Treasury Strategy" according to their announcement. The placement was led by Multicoin, Jump Crypto and Galaxy Digital.

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