Galaxy Digital Invests $100 Million in sUSDS; Forward Industries Plans $25 Million Raise to Increase SOL Holdings

Galaxy Digital (TSX: GLXY) has allocated $100 million to acquire sUSDS, Sky Protocol's interest-bearing stablecoin, and has approved it as collateral for institutional lending. Additionally, the firm has acquired an undisclosed amount of SKY tokens. Forward Industries (NASDAQ: FWDI) announced a $25 million registered direct offering to fund the purchase of SOL for its corporate treasury. Meanwhile, Silvia (NASDAQ: SVIA) sold 124 BTC to facilitate a share buyback program, reducing its total holdings to 5,130 BTC.