Lates News

According to Business Wire, Forward Industries announced the purchase of 6,822,000 Solana (SOL) tokens at an average price of $232 per token, totaling approximately $1.58 billion. This transaction marks the first deployment of the company's $1.65 billion PIPE financing, led by Galaxy Digital, Jump Crypto, and Multicoin Capital. The purchased SOL tokens have been staked and some transactions have been completed through the Solana blockchain platform DFlow. The company plans to enhance the value of SOL per share through active management and on-chain operations.