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Forward Industries Launches $165 Million Private Placement to Kickstart Solana Treasury Strategy

2025-09-08 18:05

BlockBeats News, September 8th, according to businesswire report, Forward Industries, Inc. (Nasdaq: FORD) today announced that it has raised $1.65 billion in cash and stablecoin subscription funding through a Private Investment in Public Equity (PIPE) offering, with Galaxy Digital, Jump Crypto, and Multicoin Capital leading the investment, to launch a Solana-centric digital asset treasury strategy.

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