Galaxy Digital, Multicoin Capital and Jump Crypto are looking to raise $ 1 billion to build a treasure dedicated to Sol de Solana (SUN)Bloomberg reported Monday.
The three cryptographic companies have joined and hired Cantor Fitzgerald as the main banker, according to the report, citing people familiar with the matter. They plan to buy a quoted company and create a digital assets treasury company, added the report.
Digital Assets Treasury Bonds have recently become, with many companies that copy Michael Saylor’s Bitcoin strategy Maintaining a firm strategy (Mstr).
At the time of publication, Galaxy, Multicoin and Jump did not immediately respond to the request for Comments from Coindesk
The agreement is expected to be closed in early September and has obtained the green light of the Solana Foundation, the report said.
The combined company will face the Sun strategies that are quoted in Toronto, which has recently presented a list of Nasdaq.
Read more: Sun strategies files to list Nasdaq
