Galaxy Digital, Multicoin and Jump asked for $ 1B Solana Treasury with Cantor Fitzgerald

Digital Asset Company Galaxy Digital, Multicoin Capital and Jump Crypto have been reported working to raise $ 1 billion to buy Solana.

A Bloomberg report that mentions unidentified resources Says On Monday that three companies were looking to form the largest treasury ark dedicated to Solana (Sol). He added that the three companies had tapped Cantor Fitzgerald as the lead banker.

The plan has been reportedly involved in the acquisition of a creature that has been publicly exchanged to create a Treasury’s digital asset company dedicated to Sol. Bloomberg said the Solana Foundation endorsed the efforts of the three companies, which supports the treasury transfer.

Related: Launching Blackrock of a Sol ETF in the first wave would be ‘mess’ – Analyst

SOL remains the sixth largest token through market capitalization, according to coingecko. It is currently trading for about $ 200, up to 6.6% in the last 30 days.

Cointelegraph reached Galaxy Digital for comments but did not receive a response by publishing.

This is a story development, and further information will be added as it is available.