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Forward Industries proposes merger with Solana Company
➤ Forward Industries has proposed an all-stock merger with Solana Company, offering a 10% premium, which was declined by Solana's board. ➤ Forward Industries, which pivoted to a crypto-focused model centered on Solana, aims to increase scale and expertise in the Solana ecosystem through this acquisition. ➤ The company is also set to join the Russell 2000 and 3000 indices, reflecting its strategic market expansion efforts.
Tokenized Pokémon Card Sales Soar Over 10x in One Year, CARDS Market Cap Surpasses $580 Million
BlockBeats News, June 15th, according to GMGN data, the Solana ecosystem entity card trading platform Collector Crypt's token CARDS has continued to surg | Bitget crypto news!
➤ The market for tokenized Pokémon cards, particularly through platforms like Collector Crypt on Solana, has experienced over a tenfold increase in sales volume year-over-year, surpassing $580 million in market cap for its CARDS token. ➤ The growth is driven by a 'capsule toy machine' mechanism that simulates pack opening with immediate liquidity, contributing to over $1 billion in sales for Collector Crypt and a significant portion of its business. ➤ This trend highlights tokenization as a key infrastructure for the speculative physical card market, which is projected to grow substantially, with companies storing physical inventory to build trust and liquidity.
