Forward Industries Appoints Galaxy Digital Executive Michael Ashe to Board
July 16th, 2026 1:05 PM
By: Newsworthy Staff
Forward Industries, a Solana treasury company, strengthens its board with the appointment of Galaxy Digital's chief strategy officer, signaling strategic growth in its Solana-focused digital asset strategy.
Forward Industries, Inc. (NASDAQ: FWDI), a leading Solana treasury company, has announced the appointment of Michael Ashe, chief strategy officer at Galaxy Digital, to its board of directors, effective immediately. Ashe previously served as a board observer and brings extensive leadership experience in strategy, corporate development, and investment banking from Galaxy Digital, Oppenheimer & Co. Inc., and Citi.
Chairman Kyle Samani expressed confidence in Ashe's expertise, stating that the appointment reflects the board's confidence as the company continues to expand its Solana treasury strategy. The move comes as Forward Industries focuses on acquiring, staking, and investing in SOL and related digital assets, protocols, and businesses to strengthen the Solana ecosystem.
Forward Industries launched its digital asset treasury strategy in September 2025 through a private placement transaction supported by industry-leading investors including Galaxy Digital and Jump Crypto. The company's mission is to increase shareholder value by engaging with the Solana network, providing tools to developers, and investing in Solana-related projects.
For more information, visit the full press release at https://ibn.fm/7NzLC and the company's newsroom at https://ibn.fm/FWDI.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
