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On November 1, #SOL , according to market news, Forward Industries completed a $1.65 billion cash and stablecoin commitment private sale to advance the Solana treasury strategy.
On September 8, Forward Industries, Inc. (NASDAQ: FORD) announced that it has raised $1.65 billion in cash and stablecoin subscription funds through a private sale of public equity (PIPE), led by Galaxy Digital, Jump Crypto, and Multicoin Capital, to initiate a digital asset treasury strategy centered around Solana.