Samani Eyes Expanding Multicoin’s Solana Treasury Strategy

Multicoin Capital’s Co-Founder Kyle Samani announced on ThreadGuy’s podcast plans for continued fundraising after leading a $1.65 billion initiative centered on Solana for Forward Industries.

Samani’s ambitious strategy aims to bolster Solana’s prominence, with significant backing, potentially setting a new standard for digital asset treasury models in the crypto industry.

Samani’s $1.65 Billion Strategy to Boost Solana Demand

Kyle Samani, co-founder of Multicoin Capital and chairman of Forward Industries, confirmed his ambition to continue expanding funding efforts after securing $1.65 billion for a Solana-focused digital asset treasury. This includes significant contributions from leading investment firms like Galaxy Digital and Jump Crypto.

The successful fundraising highlights a strong commitment to leverage Solana’s staking yield and on-chain credit opportunities. This could trigger sustained demand for Solana, potentially impacting the broader ecosystem positively through enhanced corporate treasuries.

Samani emphasized his expansive vision in a statement on a podcast, stating: “I’ve done so much work, not just to raise $1.65 billion and then stop there. My vision is much bigger.”

Solana Surges to $237.47 Amid Innovative Treasury Approaches

Did you know? Michael Saylor’s Bitcoin treasury model significantly influenced corporate strategies. However, Samani’s Solana-centric approach not only includes staking yields but also operational on-chain integration, marking a distinctive shift in leveraging blockchain technologies.

Solana’s current market metrics, as of September 16, 2025, reflect significant growth. Priced at $237.47, Solana holds a market cap of $128.95 billion. Recent changes show a 24-hour increase of 2.06% and a 7-day rise of 9.58% according to CoinMarketCap.

Insights from Coincu suggest Solana’s implementation in treasury strategies may lead to higher on-chain usage, possibly accelerating the platform’s adoption. Long-term implications include broader industry acceptance, impacting both financial and technological sectors significantly.