Forward Industries, Inc. (NASDAQ: FWDI) announced a strategic investment in onchain reinsurance company OnRe as part of its $5 million Series A round. The company also plans to deploy up to $25 million into OnRe’s yield-bearing token ONyc on Solana, expanding its treasury strategy into tokenized real-world assets and diversified income streams.
According to the press release, Forward Industries is a Solana-focused digital asset treasury company with a strategy to buy, hold, stake, trade, invest in, and grow SOL and SOL-related digital assets, protocols, and businesses. The company’s mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with Solana network, developers, and related projects.
The investment in OnRe marks a significant step for Forward Industries as it diversifies its treasury holdings beyond native SOL tokens. By deploying capital into ONyc, a tokenized reinsurance product, the company gains exposure to a real-world asset class with potential yield generation. This move aligns with the broader trend of institutional adoption of tokenized assets on blockchain networks.
For more details on the investment, visit the full press release at https://ccw.fm/pXcZ9. Information about Forward Industries’ Solana treasury strategy can be found at forwardindustries.com.
The announcement comes as Forward Industries continues to execute its digital asset treasury strategy, which was launched in September 2025 through a private placement transaction supported by investors including Galaxy Digital and Jump Crypto. The company’s focus on Solana positions it to benefit from the network’s growing ecosystem and the increasing adoption of blockchain technology in traditional finance.
Tokenized reinsurance represents an innovative intersection of blockchain and insurance, offering transparency, efficiency, and liquidity to a traditionally illiquid market. OnRe’s platform aims to bring onchain solutions to the reinsurance industry, potentially reducing costs and settlement times.
Forward Industries’ investment in OnRe not only provides a new revenue stream but also strengthens its ties to the Solana ecosystem. As the company continues to explore opportunities in digital assets, its treasury strategy may serve as a model for other corporations seeking to diversify into blockchain-based assets.
Investors interested in the latest news and updates regarding FWDI can visit the company’s newsroom at https://cnw.fm/FWDI.
