Galaxy Digital, Multicoin Capital & Jump Crypto’s $1B Solana Shenanigans

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Well, darlings, it appears that the ever-dashing Galaxy Digital, Multicoin Capital, and Jump Crypto have decided that a mere few hundred million isn’t enough to tickle their fancy. No, no, no-they’re going for the full billion to create a Solana-focused treasury. And I mean, who wouldn’t want to put their money in the world’s second-favourite blockchain, right? 💸

According to Bloomberg (they’re always in the know, aren’t they?), the three firms have hired Cantor Fitzgerald as their main banker. How terribly grown-up of them! They plan to snatch up a publicly traded company (don’t ask me which one, darling, they’re keeping it hush-hush) to set up a Solana-based treasure chest, which will be, wait for it… *the largest Solana reserve fund in existence*. No pressure, then.

The deal, allegedly expected to close in September (because, of course, everything’s fast-tracked in crypto), would more than double any current Solana-focused reserve fund. It seems that when you’re playing with billions, patience is for the poor, don’t you think?

As Solana sits pretty just below $200 (making a rather dashing 10% gain this week), analysts are predicting that it could break through $211 and *poof*, up it goes to $222. A bit ambitious? Perhaps, but it’s all part of the crypto circus, darling. 🤹‍♂️

“$222 becomes a magnet if Solana $SOL breaks past $211!”

– Ali (@ali_charts) August 25, 2025

Both Multicoin and Jump have been long-time Solana backers, while Galaxy Digital, ever the opportunist, previously raised $620 million to snatch up Solana tokens from the dearly departed FTX estate. How quaint.

And Now, For a Slightly More Reasonable Pursuit: Subbd’s $1M Presale!

If you’re tired of billion-dollar antics, perhaps you’d like something a bit more… intimate? Enter Subbd, the fresh-faced starlet in the content subscription game. With the global content market worth a staggering $85 billion, Subbd is launching an AI-powered platform designed to make creators and their fans feel truly *special*-tokenized access, private livestreams, and behind-the-scenes drama included. 🍿

Now, don’t get too excited, but they’ve already raised over $1 million in their presale (and, let’s face it, it’s probably just a matter of time before we see influencers touting it as the next big thing). With a few hours left before the next price hike, you might want to grab your slice of the action before it gets even more absurd. 🤑

Presale Snapshot

  • Current Price: $0.05625
  • Amount Raised: $1.05 million
  • Ticker: SUBBD
  • Blockchain: Ethereum

Fancy jumping in? Of course you do. Check out our guide on how to buy Subbd and be the *first* to tell your friends about it. 🎉

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2025-08-25 18:59