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 move aligns with its strategy 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 transaction, supported by industry leading investors and operating partners including Galaxy Digital and Jump Crypto. Forward Industries is positioning itself as a Solana-focused digital asset treasury company with the mission to increase shareholder value by actively participating in the Solana network.
For more information, visit the company's newsroom at https://nnw.fm/FWDI and the full article at https://nnw.fm/FajsE.
