Forward Industries Unveils $1.65B Private Placement for Solana Treasury Strategic, Backed by Cash and Stablecoin

SOL

SOL/USDT

$83.35

+0.68%

$83.35

+0.68%

(24s)

24h Volume

$1,629,887,570.10

24h H/L

$84.29 / $82.26

Change: $2.03 (2.47%)

Long/Short

77.5%

Long: 77.5%Short: 22.5%

Funding Rate

-0.0164%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$83.26

▲ 0.18%

Volume (24h): -

Resistance Levels

Resistance 3$98.5337

Resistance 2$87.5625

Resistance 1$83.2622

Price$83.26

Support 1$83.165

Support 2$78.3404

Support 3$67.50

Pivot (PP):$83.2667

Trend:Downtrend

RSI (14):41.8

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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