Forward Industries Inc. (NASDAQ: FWDI) is building a Solana-focused treasury platform designed to generate value through active participation in the Solana ecosystem, including staking, lending and decentralized finance. The company currently holds more than 7 million SOL, while its validator infrastructure has generated gross annual yields of approximately 6.5% to 7.2% before fees, and roughly 25% of its SOL holdings are represented by its proprietary liquid staking token, fwdSOL.
Forward has also announced a letter of intent and made an offer to acquire the Solana Company, which it believes could create value through greater scale and combined Solana expertise. This acquisition aligns with Forward's mission to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with Solana developers and related projects.
The company launched its digital asset treasury strategy in September 2025 through a private placement, supported by industry-leading investors and operating partners including Galaxy Digital and Jump Crypto. For more information on the company’s Solana treasury strategy, visit www.forwardindustries.com.
Forward Industries is a Solana focused digital asset treasury company with the strategy to buy, hold, stake, trade, invest in, and grow SOL and SOL related digital assets, protocols and businesses. The latest news and updates relating to FWDI are available in the company’s newsroom at https://nnw.fm/FWDI.
This development is significant as it demonstrates a growing trend of publicly traded companies adopting active on-chain strategies to generate yield from digital assets, potentially setting a precedent for corporate treasury management in the cryptocurrency space.
