Galaxy, Multicoin, and Jump Crypto Plan $1B Vehicle for a Publicly-Traded Solana Treasury

Galaxy, Multicoin, and Jump are planning a $1 billion Solana Treasury ￰0￱ initiative is expected to kick off at the beginning of ￰1￱ institutional adoption will boost Solana’s ￰2￱ heavyweights Galaxy Digital, Multicoin Capital, and Jump Crypto are reportedly planning to raise $1 billion to create a new SOL ￰3￱ plan, which is said to be in its advanced stages, is focused on accumulating Solana (SOL) tokens by acquiring and restructuring a publicly traded ￰4￱ is this $1 billion Solana treasury Deal? The plan is to use the restructured public company as a vehicle for managing a substantial Solana ￰5￱ transaction, with Cantor Fitzgerald LP as the lead banker, is expected to close as early as ￰6￱ interest from the notable entities involved in the deal, the Solana Foundation, a nonprofit organization dedicated to advancing the Solana blockchain network, is reportedly in support of the ￰7￱ Solana Foundation’s support lends credence to the growing institutional endorsement of the cryptocurrency, which has established its prominence as a leading project in decent…