Investment & Acquisition - Galaxy Digital purchased $326 million of $SOL for Multicoin's SOL DAT (Forward Industries) [1] - Galaxy Digital has $13 billion (1300 million) of cash and stablecoins remaining for potential acquisitions [1] - The remaining funds include $354 million in stablecoins and up to $1 billion in cash [1]

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Funding & Investment - Multicoin's DAT raised $680 million on-chain to purchase $SOL [1] - Forward Industries closed a $1.65 billion private placement in cash and stablecoin commitments [1] Key Players - Multicoin, Jump Crypto, and Galaxy Digital led the $1.65 billion placement [1] - Galaxy Digital received all funds to purchase $SOL [1] Strategic Implications - The $1.65 billion private placement aims to advance Solana's treasury strategy [1] - Two addresses belonging to Forward Industries transferred all $680 million to Galaxy Digital [1]

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Fundraising Highlights - The company raised $680 million on-chain [1] - Ethereum address received $378 million, representing 556% of the total raised [1] - Solana address received $305 million, representing 449% of the total raised [1] Investors - Funding came from entities including Galaxy Digital, Josh Fraser, Hypersphere Ventures, and Robert Leshner [1]

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