🚀 Galaxy Digital, Jump and Multicoin are making big moves: preparing to raise $1B to create the largest Solana treasury in history.
📌 The deal will be advised by Cantor Fitzgerald, redesigning the model by acquiring a listed company and transforming it into a “digital asset treasury company.”
📌 The expected completion time is early September 2025. If successful, this fund's scale will far surpass existing competitors like SOL Strategies, and the Altcoin-reserve trend will be strongly reinforced.
📌 Previously, Galaxy invested $620M to buy SOL from the FTX asset block, now continuing to upgrade the bet. Will there be a jinx like last time?