Forward Industries (FORD) has raised $1.65 billion in cash and stablecoin commitments through a private investment in public equity (PIPE) led by Galaxy Digital, Jump Crypto, and Multicoin Capital, marking the largest Solana-focused treasury financing to date. The firm's shares jumped 128% in pre-market trading, while SOL rose by 2.3% following the announcement The funding will support Forward Industries’ plan to become a publicly traded institutional player in the Solana ecosystem. Galaxy and Jump will ...