Forward Industries Changes NASDAQ Ticker to FWDI, Reinforcing Solana Treasury Strategy

Forward Industries Inc. has officially changed its NASDAQ ticker symbol from FORD to FWDI, marking a significant milestone in the company's transformation into a dedicated Solana treasury entity. The ticker change to FWDI represents more than just a symbolic shift, as it underscores the company's strategic commitment to building and managing a substantial Solana (SOL) treasury while actively engaging with the broader SOL ecosystem. This rebranding aligns with Forward Industries' core objective of becoming the leading SOL treasury company by both acquiring additional SOL tokens and strategically increasing SOL-per-share value through various on-chain activities.

The company's transition to its new ticker symbol follows several important corporate achievements, including the accumulation of over 6.9 million SOL tokens in total holdings. This substantial cryptocurrency position establishes Forward Industries as a significant player in the digital asset space, particularly within the Solana ecosystem. The ticker change announcement was made public through official channels, including the detailed release available at https://ibn.fm/RdFKy, which outlines the strategic rationale behind this corporate evolution.

Forward Industries' SOL treasury strategy encompasses multiple facets of cryptocurrency management and ecosystem participation. The company plans to deploy its SOL assets through various on-chain mechanisms including staking, lending, and other decentralized finance activities that generate returns while supporting network security and functionality. This approach distinguishes the company from traditional investment vehicles by emphasizing active participation in the blockchain ecosystem rather than passive holding of digital assets.

Complementing its substantial SOL holdings, Forward Industries has strengthened its strategic positioning through the formation of a specialized crypto advisory board. This board brings expertise in blockchain technology, cryptocurrency markets, and decentralized finance, providing guidance for the company's treasury management decisions and ecosystem participation strategies. The advisory board's composition reflects the company's commitment to informed decision-making in the rapidly evolving cryptocurrency landscape.

The transition to the FWDI ticker symbol on NASDAQ represents one of the few instances where a publicly traded company has so explicitly aligned its corporate identity with cryptocurrency treasury management. Investors and market participants can access ongoing updates and corporate developments through the company's dedicated newsroom at https://ibn.fm/FWDI, which serves as the primary source for official announcements and financial disclosures. This structural change positions Forward Industries at the intersection of traditional public markets and the emerging digital asset economy, creating a unique investment vehicle for exposure to Solana's growth and ecosystem development.