Treasury
Forward Industries Launches $4B ATM Offering to Expand Solana Treasury
Forward Industries currently has the largest solana treasury among publicly traded firms with 6.8 million SOL.

TON Strategy Starts Share Buyback, Treasury Staking After Shares Plunge 40%
The company has also begun staking its TON holdings, which total 217.5 million tokens, to earn rewards and generate yield.

Forward Industries Raises $1.65B to Launch Solana Treasury, Shares Surge 128% Pre-Market
The design firm turned digital-asset player secured backing from Galaxy Digital, Jump Crypto, and Multicoin Capital in what it calls the largest Solana-focused treasury financing to date.

StablecoinX Secures $530M Investment to Back Ethena-Linked Treasury
The funds will be used to acquire an expected 3 billion ENA, according to StablecoinX, a dedicated treasury vehicle for the stablecoin protocol.

Sonic Labs Commits $40M to SonicStrategy as It Eyes Nasdaq Listing, U.S. Expansion
The funding will be used to support SonicStrategy's treasury, validator operations, and blockchain investments, and can convert to common stock at $4.50 per share.

Public Token Treasuries and Tokenization are Fantastic for Crypto, But Risks Remain, Binance's CZ Says
Tokenization of real-world assets (RWAs) is accelerating, bringing stablecoins, treasury bills, real estate and more into the crypto ecosystem, CZ added.

Health-Care Firm KindlyMD Plans $5B Equity Raise for Bitcoin Treasury
The sale timing and amount will be determined by a variety of factors, including market prices, the company said.

Bitcoin, Stocks Hit by $400B Liquidity Drain From U.S. Treasury Account, Not Jackson Hole: Analysts
Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.

Corporate Bitcoin Adoption Is a 'Dangerous Game of Balance Sheet Roulette': Report
Sentora's report warns that corporate adoption of bitcoin as a treasury asset is akin to playing 'balance sheet roulette.'

Chainlink Launches LINK Reserve to Fuel Network Growth
The reserve is funded by offchain and onchain revenue, which is automatically converted into LINK via mechanism called Payment Abstraction.

