Crypto venture capital stories

Aug 13, 2026

Multicoin Capital exits $1.65 billion Solana treasury company Forward Industries after eight months

Multicoin Capital has exited its stake in Forward Industries, the largest Solana treasury company, according to SEC filings. The crypto investment firm had been one of three lead investors in the company it helped launch eight months prior.

Aug 13, 20261 source

Aug 4, 2026

Polymarket Seeks $1 Billion Funding Round at Over $20 Billion Valuation

Prediction market platform Polymarket is in talks to raise approximately $1 billion at a valuation exceeding $20 billion, more than double its $9 billion valuation from October 2025. The fundraising comes months after the company closed an earlier round with investment from hedge fund D.E. Shaw & Co.

Aug 4, 20267 sources

Top claims

▪Forward Industries added 508,618 SOL and SOL equivalents during its fiscal third quarter ended June 30, 2026, increasing its total holdings to approximately 7.55 million SOL equivalents.
▪Between July 1 and August 3, 2026, Forward Industries acquired an additional 254,325 SOL equivalents at an average cost of about $75, raising its treasury to roughly 7.81 million SOL equivalents.
▪Kyle Samani accused Multicoin Capital in July 2026 of working against Solana developers after Multicoin Capital backed a policy initiative with the Hyperliquid Policy Center.

Subtopics

Institutional crypto adoption2 Crypto1 Crypto market structure1 Crypto prediction markets1 Solana1

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