Galaxy Digital, Jump Crypto, and Multicoin Plan $1 Billion Investment to Establish Largest Solana Corporate Treasury

Galaxy Digital, Jump Crypto, and Multicoin Capital are collaborating on a groundbreaking $1 billion investment to create the largest corporate treasury dedicated to Solana (SOL). By acquiring an undisclosed publicly traded company, they aim to significantly increase institutional holdings of SOL, potentially causing a supply squeeze that could impact price dynamics and staking rewards. This move reflects broader trends of aggressive token accumulation by major players in the crypto space, boosting Solana’s recent recovery and signaling renewed confidence in its ecosystem amid growing network activity and developer engagement. Continue to read Galaxy Digital, Jump Crypto, and Multicoin Plan $1 Billion Investment to Establish Largest Solana Corporate Treasury