X @BSCN

Funding and Investment - Forward Industries secured $1.65 billion in private funding to establish a corporate Solana treasury [1] - Funding was backed by firms including Galaxy Digital, Jump Crypto, and Multicoin Capital [1] - Multicoin Capital's co-founder Kyle Samani was appointed Chairman of the Board [3] - Round attracted participation from Bitwise, Borderless Capital, SkyBridge Capital, and crypto founders/angel investors [3] Solana Treasury Strategy - Forward Industries plans to build the largest corporate Solana treasury to date [1] - Strategy mirrors MicroStrategy's Bitcoin treasury approach, focusing on $SOL [2] - Galaxy Digital will provide trading, staking, lending, and risk management support [2] - Jump Crypto will bolster Solana's network performance and resilience [3] Solana Network Growth - Solana processed nearly 9 billion transactions in Q2 2025 [3] - Solana onboarded more than 7,500 developers in 2024 [3] - Public companies collectively hold over $1.45 billion in $SOL [5]