According to Theblock, Kyle Samani, chairperson of crypto asset management firm Forward Industries, said the company plans to deploy funds into decentralized financial protocols on Solana.
Last week, Forward Industries, an asset manager focused on the Solana ecosystem, successfully raised $1.65 billion in a private fundraising led by Multicoin Capital, Galaxy Digital and Jump Crypto. Today, an analyst said: Forward Industries has used $1.50 billion of the total $1.60 billion in its treasury to acquire SOL.
SOL treasury firm Forward Industries plans to deploy funds to Solana's DeFi protocol
2025-09-15 07:00:58
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