PANews reported on September 15th that, according to Business Wire , Forward Industries announced that it had purchased 6,822,000 Solana ( SOL) tokens at an average price of $ 232 per token , for a total of approximately $1.58 billion. This transaction represents the first deployment of the company's $1.65 billion PIPE financing led by Galaxy Digital , Jump Crypto , and Multicoin Capital. All of the SOL purchased by Forward Industries has been staked, with some transactions completed through DFlow, the Solana on-chain platform . The company plans to increase the value of its SOL tokens per share through active management and on-chain operations .PANews reported on September 15th that, according to Business Wire , Forward Industries announced that it had purchased 6,822,000 Solana ( SOL) tokens at an average price of $ 232 per token , for a total of approximately $1.58 billion. This transaction represents the first deployment of the company's $1.65 billion PIPE financing led by Galaxy Digital , Jump Crypto , and Multicoin Capital. All of the SOL purchased by Forward Industries has been staked, with some transactions completed through DFlow, the Solana on-chain platform . The company plans to increase the value of its SOL tokens per share through active management and on-chain operations .

Forward Industries spends $1.58 billion to purchase more than 6.82 million SOL

2025/09/15 20:08
1 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

PANews reported on September 15th that, according to Business Wire , Forward Industries announced that it had purchased 6,822,000 Solana ( SOL) tokens at an average price of $ 232 per token , for a total of approximately $1.58 billion. This transaction represents the first deployment of the company's $1.65 billion PIPE financing led by Galaxy Digital , Jump Crypto , and Multicoin Capital. All of the SOL purchased by Forward Industries has been staked, with some transactions completed through DFlow, the Solana on-chain platform . The company plans to increase the value of its SOL tokens per share through active management and on-chain operations .

Market Opportunity
Solana Logo
Solana Price(SOL)
$88.02
$88.02$88.02
-0.84%
USD
Solana (SOL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058

Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058

Ethereum price predictions are turning heads, with analysts suggesting ETH could climb to $10,000 by 2026 as institutional demand and network upgrades drive growth. While Ethereum remains a blue-chip asset, investors looking for sharper multiples are eyeing Layer Brett (LBRETT). Currently in presale at just $0.0058, the Ethereum Layer 2 meme coin is drawing huge [...] The post Ethereum Price Prediction: ETH Targets $10,000 In 2026 But Layer Brett Could Reach $1 From $0.0058 appeared first on Blockonomi.
Share
Blockonomi2025/09/17 23:45
Crossmint Partners with MoneyGram for USDC Remittances in Colombia

Crossmint Partners with MoneyGram for USDC Remittances in Colombia

TLDR Crossmint enables MoneyGram’s new stablecoin payment app for cross-border transfers. The new app allows USDC transfers from the US to Colombia, boosting financial inclusion. MoneyGram offers USDC savings and Visa-linked spending for Colombian users. The collaboration simplifies cross-border payments with enterprise-grade blockchain tech. MoneyGram, a global leader in remittance services, launched its stablecoin-powered cross-border [...] The post Crossmint Partners with MoneyGram for USDC Remittances in Colombia appeared first on CoinCentral.
Share
Coincentral2025/09/18 21:02
Polkadot price prediction ahead of DOT supply cap

Polkadot price prediction ahead of DOT supply cap

The post Polkadot price prediction ahead of DOT supply cap appeared on BitcoinEthereumNews.com. Polkadot price prediction leans bullish as traders position ahead
Share
BitcoinEthereumNews2026/03/03 04:35