Solana News Today: Galaxy Digital Jump Crypto and Multicoin Capital Plan $1 Billion Solana Treasury with Cantor Fitzgerald

Galaxy Digital, Jump Crypto, and Multicoin Capital are reportedly working to raise $1 billion to establish the largest corporate treasury dedicated to Solana (SOL) tokens. The initiative, with Cantor Fitzgerald serving as lead banker and the Solana Foundation’s reported endorsement, aims to centralize significant SOL holdings under a corporate entity to support network liquidity and staking strategies [1]. The plan reportedly involves acquiring or restructuring a publicly traded vehicle to create a digital asset treasury company focused on Solana [1]. This structure is expected to provide governance flexibility while maintaining regulatory compliance and reporting standards [1].

The proposed $1 billion Solana treasury would significantly expand the network’s institutional liquidity and staking capacity. At current market valuations, existing corporate holders such as Upexi and the DeFi Development Corporation hold approximately $400 million and $240 million worth of SOL, respectively [1]. The new reserve, if realized, would surpass these holdings combined. A large, centralized SOL reserve could stabilize the network, support developer incentives, and enhance on-chain services by generating predictable demand and increasing the staked supply [1]. Analysts note that such corporate allocations could bolster network economics and security, particularly through long-term staking and liquidity provision [1].

The initiative has drawn attention for its potential to alter market dynamics. By reducing the circulating supply of SOL available for speculative trading, the reserve may influence price behavior and institutional investment patterns [1]. The exact structure and deployment strategies—such as lock-up terms and transparency policies—will determine the extent of the market impact [1]. Reports first surfaced in late August 2025, citing anonymous sources and financial media outlets, including Bloomberg, which named Cantor Fitzgerald as the lead banker [1]. Galaxy Digital, however, has not publicly confirmed the details as of publication [1].

The proposed treasury highlights a growing trend among institutional investors to allocate capital to blockchain assets in a structured, long-term manner. Unlike speculative trading, corporate treasuries typically focus on yield generation, network support, and strategic allocation [1]. The involvement of Cantor Fitzgerald and the Solana Foundation’s reported endorsement suggests a coordinated effort to align institutional capital with network development goals [1].

As details continue to emerge, the market will be watching for official filings and announcements related to the structure, timeline, and governance of the reserve. The ultimate success of the initiative depends on execution clarity, regulatory compliance, and the broader adoption of Solana as a foundational blockchain protocol.

Source: [1] Galaxy, Multicoin and Jump May Seek $1 Billion Solana Treasury With Cantor Fitzgerald as Lead Banker (https://en.coinotag.com/galaxy-multicoin-and-jump-may-seek-1-billion-solana-treasury-with-cantor-fitzgerald-as-lead-banker/)