Forward Industries (FORD) made an initial purchase of 6.82M solana (SOL-USD) tokens at an average price of $232 each, totaling $1.58B. This is part of their Solana treasury strategy to benefit from the blockchain network’s growth. The purchase was funded by a recent $1.65B private investment led by Galaxy Digital, Jump Crypto, and Multicoin Capital. This marks the largest solana-focused digital asset treasury raise to date.

Read more at Yahoo Finance: Forward Industries buys 6.82M SOL tokens for $1.58B