Galaxy, Jump, and Multicoin Invest $1 Billion in Solana!

Updated

August 26, 2025

Gambar Galaxy, Jump, and Multicoin Invest $1 Billion in Solana!

Jakarta, Pintu News – Galaxy Digital, Jump Crypto, and Multicoin Capital have recently announced plans to raise $1 billion to buy Solana tokens.

This move shows increased confidence in the token’s ability to compete as one of the leading blockchain platforms.

Galaxy Digital, Jump, and Multicoin to Build Solana’s Treasury

galaxy digital buys bitcoin — Source: Tien Ao Blog

According to a Bloomberg report, Galaxy Digital, Jump, and Multicoin Target are reportedly in talks with investors to secure $1 billion in funding to build Solana’s treasury. The move will create the largest Solana treasury to date. Cantor Fitzgerald has been selected as the lead banker for the deal.

The plan involves taking control of a publicly listed entity and turning it into a digital asset treasury company with a primary focus on the Solana token.

If approved, this reserve would more than double the size of Solana’s existing treasury.

In addition, the Solana Foundation based in Zug, Switzerland, has reportedly given its support to the proposal. The deal could be finalized as soon as September, although the parties involved have yet to make any official comments.

Solana, which is currently the sixth largest cryptocurrency by market capitalization, has doubled in price since April. Analysts suggest that this large-scale accumulation of treasuries will further stabilize the market and promote long-term appreciation.

Ethereum -focused treasury companies are estimated to have built up holdings worth more than $20 billion. As a result, Ethereum managed to surpass the record highs that have existed for almost four years.

Galaxy Digital, Jump, and Multicoin Target could pave the way for Solana to follow a similar path by competing in this race. The sheer scale of the reserve could also give these companies more influence over market liquidity, governance, and development within the growing Solana ecosystem.

Solana’s Treasury Trend is Growing

This development follows a broader trend where listed companies are starting to turn to Solana treasuries as a long-term strategy.

Recently, Nasdaq-listed Mercurity Fintech Holding (MFH) managed to secure a $200 million equity credit line from Solana Ventures to pursue similar treasury building plans. The company stated that the funds will be used to strengthen their position in SOL and expand institutional exposure.

In early June, Classover Holding also announced a $550 million deal to accumulate this altcoin through a partnership with Solana Growth Ventures. The deal immediately increased the company’s share price by 40%.

These moves signal that SOL treasuries are increasingly becoming a popular investment approach. This mirrors the long-term strategy pioneered by Michael Saylor with his Bitcoin strategy.

Interestingly, Galaxy had previously raised $620 million to buy Solana tokens from FTX legacy. Meanwhile, Multicoin and Jump have long been supporters of Solana-based projects.

The new initiative is part of a larger trend in corporate balance sheet management towards crypto assets. The pioneers of this model are betting that these tokens might replicate Bitcoin’s success.

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