BlockBeats News, September 12th, according to lookonchain monitoring, Galaxy Digital is assisting Forward Industries in acquiring SOL worth $16.5 billion. In the past 12 hours, Galaxy Digital has withdrawn 1,452,392 SOL from the exchange (worth $326 million).
On September 8th, Forward Industries, Inc. (Nasdaq: FORD) announced that it has raised $16.5 billion in cash and stablecoin subscription funding through a private investment in public equity (PIPE) transaction. Galaxy Digital, Jump Crypto, and Multicoin Capital led the investment to launch a Solana-based digital asset treasury strategy.