Jenny has learned that Forward Industries, Inc. announced a $1.65 billion private placement in cash and stablecoins, led by Galaxy Digital, Jump Crypto, and Multicoin Capital, to launch the Solana financial strategy.
Another SOL strategic reserve is finally coming. We've discussed this numerous times before, but compared to BTC and ETH, the SOL strategic reserve is still in its early stages.
Later, as long as the capital level keeps up, replicating the trends of BTC and ETH will be no problem.
After all, this bull market was driven by ETFs and strategic reserves, making market emulation the easiest option for institutions.