Solana will receive the largest centralized influx of capital at $1 billion.
Companies Galaxy Digital, Jump Crypto, and Multicoin Capital plan to create a fund of $1 billion to acquire the cryptocurrency Solana ($SOL ). This was reported by Bloomberg, citing insider information.
To implement this project, they approached the bank Cantor Fitzgerald. The plan involves acquiring a public company, which will be transformed into a structure for accumulating Solana. If the deal goes through, it will become the largest centralized accumulation of $SOL , doubling the volumes of any similar initiative to date.
According to sources, the non-profit organization Solana Foundation has already approved this project.