BREAKING
129d 9h ago
Forward Industries Unveils $1.65B Private Placement for Solana Treasury Strategic, Backed by Cash and Stablecoin
SOL
SOL/USDT
$141.55
-3.60%
$141.55
-3.60%
(24s)24h Volume
$4,970,374,027.72
24h H/L
$147.73 / $140.90
Change: $6.83 (4.85%)
Long/Short
75.9%
Long: 75.9%Short: 24.1%
Funding Rate
+0.0016%
Longs pay
Data provided by COINOTAG DATALive data
COINOTAG reported on September 8 that, according to market sources, Forward Industries, Inc. has announced a $1.65 billion private placement earmarked for the Solana Treasury Strategic initiative.
Sources indicate the placement is being subscribed in a combination of cash and stablecoin, underscoring the transaction’s hybrid funding profile while remaining consistent with institutional settlement practices.
No official filing or closing timeline has been disclosed; market participants await formal documentation for confirmation and regulatory detail before incorporating the development into investment analyses.
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