Solana
Forward Industries to Tokenize Shares on Solana With Superstate Partnership
Forward Industries, the Nasdaq-listed company holding the largest corporate Solana treasury, wants to bring its own equity to the blockchain. On Monday, the company announced a partnership with fintech firm Superstate to tokenize Forward Industries (FORD) stock on Solana through Superstate’s Opening Bell, a regulated onchain issuance platform that lets public companies tokenize equity on […]
Forward Industries Plans $4B Share Sale to Back Solana Treasury
Nasdaq-listed company Forward Industries filed for an at-the-market (ATM) equity offering program of up to $4 billion, giving the company flexibility to sell shares over time to support its Solana-focused treasury strategy. On Wednesday, Forward Industries announced that the program will allow it to issue and sell common stock through sales agent Cantor Fitzgerald. The […]
Galaxy Digital Solana Buys Top $1.5B With $385M Weekend Haul
Digital assets investment firm Galaxy Digital has bought $306 million worth of Solana in a single day after teaming up with investment firm Multicoin Capital and trading firm Jump Crypto to create a so-called crypto treasury company. Galaxy scooped up 1.2 million Solana (SOL) on Sunday from multiple exchanges and sent them to the crypto […]
Solana Open Interest Hits $13B All-time High: Will SOL Price Follow?
Key takeaways: Bullish technicals suggest that SOL price can reach $1,000 if the resistance between $210-$250 is broken. Solana’s open interest has rallied to a record high of $13 billion, signaling high speculative interest. After dropping to $155 on Aug. 3, Solana’s (SOL) price has recovered over 36% to an intraday high of $210 on […]
Europe Mulls Ethereum, Solana For Digital Euro — Report
The European Union is reportedly exploring major public blockchain networks like Ethereum and Solana for its digital euro design. The European Central Bank (ECB) is considering running a digital euro on a public blockchain like Ethereum rather than a private one, the Financial Times reported on Friday, citing people familiar with the matter. Unlike a […]
SEC delays rulings on Truth Social, Solana and XRP ETFs to October
The US Securities and Exchange Commission (SEC) has delayed rulings on three high-profile crypto exchange-traded funds (ETFs), extending review deadlines into October. In notices filed Aug. 18, the agency set new decision dates of Oct. 8 for NYSE Arca’s Truth Social Bitcoin and Ethereum ETF, Oct. 16 for 21Shares’ and Bitwise’s Solana ETFs, and Oct. […]