Galaxy Digital (NASDAQ:GLXY [https://seekingalpha.com/symbol/GLXY]), Multicoin Capital, and Jump Crypto are said to be in talks with potential backers about raising roughly $1 billion to buy Solana (SOL-USD [https://seekingalpha.com/symbol/SOL-USD]) in what would be the largest treasury dedicated to the digital token.
The three firms have enlisted Cantor Fitzgerald LP as the lead banker for the deal, _Bloomberg_ reported, citing people with knowledge of the matter.
They aim to create a so-called digital asset treasury company by taking over an unidentified publicly traded entity, the report said.
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Galaxy Digital, Multicoin, Jump Crypto reportedly eye $1B Solana fund
Published 2 months ago
Aug 25, 2025 at 10:17 AM
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