Forward Industries Builds Solana-Focused Treasury Platform with Active On-Chain Strategy

Forward Industries Inc. (NASDAQ: FWDI) is advancing its strategy to build a Solana-focused treasury platform designed to generate value through active participation in the Solana ecosystem. The company's approach includes staking, lending, and decentralized finance activities, positioning it as a significant player in the Solana network. According to a recent announcement, Forward currently holds more than 7 million SOL, with its validator infrastructure generating gross annual yields of approximately 6.5% to 7.2% before fees. Notably, about 25% of its SOL holdings are represented by its proprietary liquid staking token, fwdSOL.

The company has also announced a letter of intent and made an offer to acquire the Solana Company, a move that Forward 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, as well as engaging with Solana developers and related projects. The company's treasury strategy, launched in connection with a private placement in September 2025, is supported by industry-leading investors and operating partners including Galaxy Digital and Jump Crypto.

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 active on-chain strategy aims to increase shareholder value by providing tools to and investing in the Solana network. For more information on the company's Solana treasury strategy, visit www.forwardindustries.com.

The latest news and updates relating to FWDI are available in the company's newsroom at https://nnw.fm/FWDI. This development underscores the growing trend of companies adopting active treasury management strategies within blockchain ecosystems, which could have broader implications for institutional adoption of digital assets and decentralized finance.