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Forward Industries Secures $1.65B in Stable Coin and Cash Investment for Solana Treasury Strategy
Gate News bot message, Forward Industries, Inc. has announced a significant private placement totaling $1.65 billion in cash and stablecoin commitments. This investment is specifically designated for the company’s Solana treasury strategy.
The private placement marks a substantial financial move in Forward Industries’ expansion into the blockchain space, particularly focusing on the Solana ecosystem. The funding structure combines traditional cash investments with stablecoin commitments, representing a hybrid approach to treasury management.