Bloomberg: Galaxy, Jump, and Multicoin plan to raise $1 billion to increase their holdings of SOL

ChainCatcher news, according to Bloomberg, Galaxy, Jump, and Multicoin are in talks with potential investors to raise about $1 billion to increase their holdings of Solana (SOL) tokens.

Insiders revealed that the three companies have hired Cantor Fitzgerald LP as the lead underwriter for the deal. They plan to establish a so-called digital asset reserve company by acquiring an unnamed publicly traded company. Due to the nature of the confidential information, these insiders requested anonymity.