Galaxy, Jump, and Multicoin are seeking to raise $1 billion to purchase SOL

BlockBeats News, August 25th, according to Bloomberg, Galaxy Digital, Multicoin Capital, and Jump Crypto are in talks with potential investors to raise around $1 billion to make large-scale acquisitions of SOL, which would be the largest treasury focused on the digital token to date.

Sources familiar with the matter revealed that these three companies have hired Cantor Fitzgerald LP to act as the lead underwriter for the transaction. The sources said they plan to create a digital asset treasury by taking over an undisclosed public company.

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