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Forward Industries has announced a $4 Billion ATM Initiative to support Solana's Treasury Strategy

2 hours ago

On September 17th, Forward Industries, which is the largest Solana treasury company, announced today that it has submitted a $4 billion ATM plan to the U.S. SEC in order to support its Solana financial strategy. This plan will be utilized for general corporate purposes, such as continuously implementing the Solana strategy, purchasing income-generating assets, and undertaking other capital expenditures. Previously, Forward Industries has completed a $1.65 billion PIPE private placement, with Galaxy Digital, Jump Crypto, and Multicoin Capital taking the lead. It has also purchased more than 6.8 million SOL, thus becoming the world's largest publicly traded Solana treasury company.
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Defi Dev Corp has increased its holdings to 62,745 SOL, bringing its total position to 2.095 million SOL.

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Deputy Governor of the Central Bank: Some overseas illegal platforms transfer funds through channels such as virtual currency, creating a "resonance" of risks at home and abroad.

September 17th. According to Caixin, Liu Lei, the deputy governor of the People's Bank of China, disclosed at the 14th China Payment and Clearing Forum that there has been significant progress in the interconnection of cross-border QR code payments. Alipay and Ant Group's Ant International have become the first batch of institutions to participate in the pilot operation of cross-border QR code unified gateway services. Liu Lei emphasized that the systemic risk in the current payment industry is on the rise. The scale of cross-border fund flows is expanding and the frequency is accelerating, providing opportunities for cross-border money laundering, terrorist financing and other risks. Some overseas illegal platforms transfer funds through channels such as virtual currencies and underground banks, creating a "resonance" of risks at home and abroad, posing a challenge to China's foreign exchange management and financial security.

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