🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
1️⃣ #TokenOfLove# | Festival Ticket Giveaway
Cheer for your idol on Gate Square! Pick your favorite star — HyunA, SUECO, DJ KAKA, or CLICK#15 — and post with SingerName + TokenOfLove hashtag to win one of 20 music festival tickets.
Details 👉 https://www.gate.com/post/status/13217654
2️⃣ #GateTravelSharingAmbassadors# | Share Your Journey, Win Rewards
Gate Travel is now live! Post with the hashtag and sha
Recently, the crypto assets industry has welcomed significant news. According to reliable sources, three well-known investment institutions, Galaxy Digital, Multicoin Capital, and Jump Crypto, are brewing a major investment. These three institutions are in discussions with potential investors, planning to raise approximately $1 billion specifically for investing in the Solana (SOL) ecosystem. If this plan is successfully implemented, it will become the largest SOL investment project to date.
This ambitious plan is led by Cantor Fitzgerald LP as the main underwriter. The strategy of the three companies is to establish a 'digital asset finance company' by acquiring a publicly listed company that is not yet listed. This initiative not only demonstrates their confidence in the future development of Solana but also reflects their strategic vision in the Crypto Assets market.
Currently, according to CoinGecko data, the publicly listed company with the largest holding of SOL is Upexi Inc., which holds approximately 2 million coins, with a market value nearing 400 million dollars. If this transaction is successfully completed, the scale of the newly established investment entity will far exceed that of any existing SOL holding company, which will undoubtedly have a profound impact on the Solana ecosystem.
It is worth mentioning that the Solana Foundation, headquartered in Switzerland, has explicitly expressed support for this plan, which further enhances market confidence in the project. According to insiders, this deal could be completed as early as the beginning of September.
Looking back, Multicoin and Jump have long been deeply involved in the construction of the Solana ecosystem. Last year, Galaxy Trading also raised $620 million to acquire SOL from the FTX bankruptcy estate. The collaboration of these three companies can be seen as another significant bet on the Solana ecosystem, while also suggesting that institutional investors are viewing SOL as a key investment target for the next bull market.
The emergence of this significant investment plan not only reflects institutional investors' confidence in Solana's future development but may also have far-reaching effects on the entire Crypto Assets market. As this plan progresses, we will continue to monitor the changes and opportunities it may bring to the Solana ecosystem and the overall Crypto Assets market.