Summary
- Galaxy Digital, Multicoin Capital, and Jump Trading are reportedly seeking to raise $1 billion to purchase Solana (SOL).
- This fundraising plan was revealed by Tree News on X (formerly Twitter).
- As of 4:32 PM on the Binance USDT market, Solana is reported to be trading at $202, down 2.79% from 24 hours ago.

Galaxy Digital, Multicoin Capital, and Jump Trading are working to secure funds for purchasing Solana (SOL).
On the 25th (local time), Tree News announced via X (formerly Twitter), "These three companies are seeking to raise $1 billion for the purchase of Solana."
As of 4:32 PM, based on the Binance USDT market, Solana is trading at $202, down 2.79% from 24 hours ago.

Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit





![[Analysis] “Bitcoin at risk of a fifth straight monthly decline…worst bear market since 2018”](https://media.bloomingbit.io/PROD/news/4842663d-6c96-44c4-a3d3-63aa6686644a.webp?w=250)