Is the end of traditional banks approaching? Tether’s $500 billion valuation challenges OpenAI. | Bee Network
LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyattcryptoRelated: Kyle Samani’s latest podcast: SOL’s “Big Brother” reveals the story behind Forward Industries
Compiled by Odaily Planet Daily ( @OdailyChina ); Translated by Azuma ( @azuma_eth ) Editor’s Note: On September 8th, Beijing time, Nasdaq-listed Forward Industries (FORD) officially announced that it has secured $1.65 billion in cash and stablecoin commitments to launch its SOL-centric digital asset treasury strategy through a PIPE (Private Investment in Publicly Traded Assets) transaction. The financing was led by Galaxy Digital, Jump Crypto, and Multicoin Capital, with participation from C/M Capital Partners, one of the company’s largest existing shareholders. With the completion of the financing, Multicoin Capital co-founder and managing partner Kyle Samani has become the chairman of the board of directors of Forward Industries, becoming a “leader” role similar to Tom Lee in the SOL market. Earlier today, Kyle Samani participated in a podcast with industry-renowned influencer…# Analysis# crypto# defi# Exchange# MarketPre
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- Original Source: BitpushNews The financing news of stablecoin giant Tether is enough to make the entire traditional financial circle hold its breath. According to Bloomberg, the