Forward Industries Closes $1.65B Deal to Build Solana Treasury, Shares Jump 15% Pre-Market

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Forward Industries Closes $1.65B Deal to Build Solana Treasury, Shares Jump 15% Pre-Market

coindesk.com/business/2025/09/11/forward-industries-closes-usd1-65b-deal-to-build-solana-treasury-shares-jump-15-pre-market

Nasdaq-listed Forward Industries (FORD) said Thursday it has closed the $1.65 billion private investment in public equity (PIPE) deal to build out corporate crypto treasury centered on Solana (SOL).
The cash and stablecoin commitments, led by Galaxy Digital, Jump Crypto and Multicoin…

This story appeared on coindesk.com, 2025-09-11 10:40:18.