2026-02-11 Wednesday

Crypto News

Indulge in the Hottest Crypto News and Market Updates
Scaramucci crowns Solana ‘a big winner’ of tokenization

Scaramucci crowns Solana ‘a big winner’ of tokenization

The post Scaramucci crowns Solana ‘a big winner’ of tokenization appeared on BitcoinEthereumNews.com. Solana got a midweek boost after SkyBridge founder Anthony Scaramucci took to CNBC to declare the blockchain a top contender in the race to become the industry standard for tokenized assets. Summary Anthony Scaramucci says Solana is primed to become a global standard for tokenized assets as blockchain rails replace legacy financial plumbing. SkyBridge holds Solana as a core position, with Scaramucci comparing today’s landscape to the early days of cloud computing—where multiple big winners emerged. SOL’s price rebound shows strong support near $120–$125, but bulls still need a breakout above $158 to flip the trend. In classic Scaramucci fashion, he framed the moment with equal parts swagger and analogy, comparing today’s blockchain competition to the early cloud wars—when everyone wondered which scrappy upstart might become the next AWS. Spoiler: there was more than one winner. Source: CoinGecko According to Scaramucci, tokenization will drive the next chapter of digital finance as smart contracts migrate onto faster, cheaper blockchain rails. And Solana (SOL) , he says, stands out because its architecture borrows from proven computing concepts rather than crypto-native experimentation. That familiarity, he argues, has helped Solana become a go-to platform for builders—and a core position for both SkyBridge and his personal portfolio. Scaramucci likened the firm’s early SOL exposure to its Bitcoin (BTC) strategy circa five years ago, when critics scoffed, and institutions hadn’t yet RSVP’d. Then they did. He expects a similar “everyone said I was early until suddenly I wasn’t” arc for Solana. SOL staging a comeback story? The cryptocurrency is trading above its 100-hour simple moving average after climbing past key Fibonacci retracement levels from its previous decline. The digital asset’s recovery has occurred alongside gains in other major cryptocurrencies. Solana rising, signaling bullish reversal? Solana’s technical setup shows bullish momentum building on the hourly MACD and…
Forward Industries now holds over 6.9 million SOL after $1.65 billion from Galaxy, Jump Crypto, and others

Forward Industries now holds over 6.9 million SOL after $1.65 billion from Galaxy, Jump Crypto, and others

Forward Industries, Inc., a Nasdaq-listed company that took a dramatic strategic shift when it launched its Solana (SOL)-centric digital asset treasury strategy, has announced new products as part of its new DeFi venture. The strategy involved raising $1.65 billion through a private investment in public equity (PIPE) deal, led by crypto heavyweights Galaxy Digital, Jump Crypto, and Multicoin Capital, and the funds were earmarked to build the world’s largest corporate SOL treasury, positioning Forward as a publicly traded gateway for institutional participation in Solana’s DeFi ecosystem. Forward Industries now holds over 6.9 million Solana tokens Forward Industries’ Solana treasury strategy was announced in September, and since then, it has rapidly built the largest Solana treasury in the world and established an institutional-grade foundation capable of compounding long-term SOL-per-share, according to Kyle Samani, Chairman of Forward Industries. “In just a matter of weeks, we have accumulated more than 6.9 million SOL, deployed nearly all of it across our high-performance validator infrastructure launched in October, and implemented tax-efficient strategies that meaningfully strengthened our capital position,” Samani said. “As we pursue initiatives such as bringing our equity on-chain and executing on accretive M&A, we believe we are well-positioned to continue to expand our SOL treasury and compound SOL-per-share.” According to him, this is just the beginning, and the company remains committed to delivering sustainable long-term shareholder value as it builds the primary public markets gateway to Solana. As things stand, Forward Industries Solana holdings make it the largest corporate treasury holder for Solana globally, representing over 1.1% of SOL’s circulating supply, most of which it has staked through its own validator infrastructure, generating 6.82–7.01% gross APY. It also recently launched fwdSOL, which is a liquid staking token backed by 25% of its treasury to enable DeFi yield optimization without selling underlying assets. Other notable companies accumulating SOL as a treasury strategy include Upexi, Solana Company, Defi Development Corp, and Sol Strategies. Between them, they hold around $10 million worth of Solana. While Upexi and Defi Development have proven themselves aggressive accumulators, their purchasing power trails behind Forward Industries’. Operational highlights included in the update Some of the operational highlights included in the update revealed the company has $1.65 billion private placement in public equity (“private placement”) led by Galaxy Digital, Jump Crypto, and Multicoin Capital. The financing closed on September 11, 2025, and marked the largest Solana-focused digital asset treasury raise to date. The company has also announced an at-the-market equity offering program and teamed up with financial technology firm Superstate to allow stockholders to tokenize and hold FWDI shares on the Solana blockchain. As part of the agreement, Forward Industries expects an equity stake in Superstate to further align interests and advance internet capital markets. Other highlights include the launch of a Forward Industries’ institutional-grade validator on the Solana blockchain, powered by DoubleZero, the establishment of a crypto advisory board with 25 inaugural members, and the authorization of a new share repurchase program to buy back up to $1 billion of the company’s common stock. Forward Industries FWDI stock price. Source: Google Finance The company’s stock has also benefited greatly from its pivot to accumulating SOL, with the stock hitting highs around $15–$20 per share in September when the PIPE news came out. The stock is currently trading around $8 per share with a market cap of about $723 million. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
Share
Author: Coinstats2025/12/04 03:00
Franklin Templeton’s Solana ETF begins trading on NYSE Arca

Franklin Templeton’s Solana ETF begins trading on NYSE Arca

The post Franklin Templeton’s Solana ETF begins trading on NYSE Arca appeared on BitcoinEthereumNews.com. Key Takeaways Franklin Templeton has launched a Solana ETF, which trades under the ticker SOEZ on NYSE Arca. This ETF provides regulated access to SOL, the native token of the Solana blockchain. Franklin Templeton’s Solana ETF began trading today on NYSE Arca under the ticker SOEZ, providing investors with regulated exposure to SOL, the native token of the Solana blockchain platform known for decentralized applications in DeFi and NFTs. The launch follows SEC approval of Franklin Templeton’s filing for the crypto ETF. The asset manager now competes with similar funds from Fidelity, Bitwise, VanEck, 21Shares, and Grayscale in the digital asset ETF space. Commenting on the launch, Roger Bayston, who leads digital assets at Franklin Templeton, said Solana’s speed, low-cost transactions, and expanding use cases make it an increasingly important layer in the digital economy. “Its speed and efficiency support activity that ranges from tokenized assets to next-generation financial applications, and that momentum continues to attract both developers and institutions,” said Bayston. “$SOEZ gives investors a regulated and transparent way to participate in a network that could shape how digital infrastructure will operate in the years ahead.” Solana has emerged as a prominent blockchain platform supporting decentralized applications across the DeFi and NFT sectors, making it an attractive underlying asset for institutional investment products. Source: https://cryptobriefing.com/franklin-templeton-solana-etf-launches-nyse-arca-soez/