The post Kyle Samani set to chair $1B Solana treasury backed by Multicoin, Galaxy, and Jump appeared on BitcoinEthereumNews.com. Key Takeaways Multicoin’s Kyle Samani is expected to chair a $1B Solana treasury backed by Galaxy and Jump. The fund would surpass Upexi’s $400M NAV, making it the largest Solana treasury so far. Kyle Samani is expected to become chairman of a Solana-focused digital asset trust backed by Multicoin, Galaxy, and Jump Trading, according to a Blockworks report. The firm would be formed via a takeover of a publicly traded entity, though the deal has not yet closed. A $1 billion raise would more than double Upexi’s $400 million Solana holdings, making it the largest SOL treasury to date. Source: https://cryptobriefing.com/kyle-samani-chairman-solana-dat-multicoin-galaxy-jump/The post Kyle Samani set to chair $1B Solana treasury backed by Multicoin, Galaxy, and Jump appeared on BitcoinEthereumNews.com. Key Takeaways Multicoin’s Kyle Samani is expected to chair a $1B Solana treasury backed by Galaxy and Jump. The fund would surpass Upexi’s $400M NAV, making it the largest Solana treasury so far. Kyle Samani is expected to become chairman of a Solana-focused digital asset trust backed by Multicoin, Galaxy, and Jump Trading, according to a Blockworks report. The firm would be formed via a takeover of a publicly traded entity, though the deal has not yet closed. A $1 billion raise would more than double Upexi’s $400 million Solana holdings, making it the largest SOL treasury to date. Source: https://cryptobriefing.com/kyle-samani-chairman-solana-dat-multicoin-galaxy-jump/