Digital asset companies Galaxy Digital, Multicoin Capital and Jump Crypto are reportedly working to raise $1 billion to buy Solana.
A Bloomberg report citing anonymous sources data-ct-non-breakable=”null” href=”https://www.bloomberg.com/news/articles/2025-08-25/galaxy-jump-multicoin-seek-1-billion-for-buying-solana-token” rel=”noopener nofollow” target=”_blank” title=”null”>said on Monday that the three companies are looking to form the largest treasury dedicated to Solana ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/solana-price-index” title=”null”>SOL). It added that the three companies have tapped Cantor Fitzgerald as lead banker.
The plan reportedly involves taking over a publicly traded entity to create a digital asset treasury company focused on SOL. Bloomberg said that the Solana Foundation has endorsed the efforts…
