Treasury


Finance

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.

Solana (SOL) Logo

Markets

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.

Price charts. on various screens (Jakub Żerdzicki/Unsplash)

Finance

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.

The Solana conference's closing gala in Lisbon's main square. (Zack Seward/CoinDesk archives)

Finance

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.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Finance

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.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

Markets

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.

CZ speaks at BTC Asia in Hong Kong (screenshot)

Finance

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.

Salt Lake City, Utah (Robin Saville/Pixabay)

Markets

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.

U.S. Treasury refill operations create liquidity risks. (jagritparajuli99/Pixabay)

Markets

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.'

Roulette wheel

Markets

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.

(Chainlink)