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- 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Live!
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🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
💡 Post Ideas:
1️⃣ How do you see AI tokens evolving?
2️⃣ Wh - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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1️⃣ Post with the hashtag #Gate Square Mid Autumn Creator Incentive# .
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🥈 Top 2: Bulgari - 🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
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📖 Day 1 · Quiz (Single Choic - 💥 Gate Square Event: #SOMI Creative Contest# 💥
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CandyDrop 76: CandyDrop x Somnia (SOMI)👉 https://www.gate.com/announcements/article/46912
📅 Event Period: Sep 8, 2025 – Sep 15, 2025
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Post original content related to SOMI or the CandyDrop event
Minimum 80 words
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Include CandyDrop participation screenshot
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(T - 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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📅 Ends at 16:00, Sep 17 (UTC)
Forward Industries raises $1.65b to fuel Solana treasury push
Galaxy, Jump Crypto, and Multicoin are among the companies that backed Forward Industries’ pivot to Solana.
Summary
Altcoins are increasingly capturing interest among Wall Street investors. On Monday, September 8, Nasdaq-listed Forward Industries announced that it raised $1.65 billion through a private placement to build its Solana treasury. Galaxy Digital, Jump Crypto, and Multicoin Capital led the funding round, which would make Forward Industries the largest corporate holder of Solana.
In addition to providing funding, executives from the three companies will also advise Forward Industries. Specifically, Kyle Samani of Multicoin will become Board Chair, while executives from Galaxy and Jump will serve as board observers.
Solana treasuries represent a significant pivot from the company’s core business of selling protective cases for electronic and medical equipment. However, the markets reacted positively. Following the announcement, the company’s shares more than doubled in premarket trading, rising 102%.
More companies pivot to Solana treasuries
The company’s announcement came as an increasing number of companies pivot to Solana treasuries. As of September 8, there were 13 corporate Solana treasury firms, with total reserves at $1.8 billion. Upexi, DeFi Development Corp, and Sol Strategies are currently the biggest holders.
Just a week earlier, Sol Strategies received approval for its Nasdaq listing, with trading set to begin on September 9. The company will also continue trading on the Canadian Securities Exchange.