Solana could see its biggest treasury bet to date with Galaxy Digital, Jump Crypto, and Multicoin Capital reportedly lining up a $1 billion plan.

Galaxy, Jump, Multicoin Are In Talks Over New Solana Treasury

As reported by Bloomberg , Galaxy Digital, Jump Crypto, and Multicoin Capital are looking to raise funds to accumulate $1 billion in Solana. The three intend to acquire a publicly traded entity, the identity of which is yet unknown, to create a digital asset treasury company.

The names involved here are all big in their respective corners. Galaxy Digital, led by CEO Michael Novogratz , manages about $9 billion in assets and has long positioned itself as a bridge between traditional finance and digital assets.

Jump Crypto is the Web3 development arm of Jump Trading, a firm with

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