Forward Industries Reports Significant Solana Treasury Growth and DeFi Integration Milestones

Forward Industries, Inc. (NASDAQ: FWDI) has provided an update on its Solana-focused treasury strategy and operational milestones, revealing substantial growth in its cryptocurrency holdings and innovative blockchain integration. Since initiating its Solana treasury program in September 2025, the company has generated more than 133,450 SOL in staking rewards while compounding SOL per share through disciplined deployment and on-chain yield generation. As of January 15, 2026, Forward Industries held more than 6.98 million SOL in liquid treasury assets, with nearly all holdings staked through its validator infrastructure, generating a gross annual percentage yield of 6.73% before fees and outperforming top peer validators.

The company's strategic approach to treasury management represents a significant corporate adoption of blockchain technology for financial operations. During December, Forward Industries announced that its SEC-registered shares became live on the Solana blockchain through Superstate's Opening Bell platform, marking the first instance of a public company's equity being usable directly within decentralized finance (DeFi). This development enables the company's shares to function within the broader DeFi ecosystem, potentially increasing liquidity and utility for shareholders while demonstrating practical applications of blockchain technology for traditional corporate structures.

Forward Industries also began testing its PropAMM on Solana with support from Galaxy Digital and infrastructure input from Jump Crypto, further expanding its blockchain integration efforts. The company's Solana treasury strategy is supported by industry-leading investors and operating partners, including Galaxy Digital, Jump Crypto, and Multicoin Capital, as detailed on their dedicated strategy website at https://sol.forwardindustries.com. Management noted that the company maintains sufficient operating capital and carries no corporate debt, positioning it to continue pursuing innovative blockchain initiatives without financial constraints.

The implications of these developments extend beyond Forward Industries' specific operations, potentially signaling broader corporate adoption of blockchain technology for treasury management and equity representation. By successfully integrating traditional SEC-registered shares with decentralized finance protocols, the company has demonstrated a practical pathway for other public companies to explore blockchain integration while maintaining regulatory compliance. The substantial staking rewards generated through the company's validator infrastructure also highlight the potential financial benefits of active cryptocurrency treasury management for corporate entities willing to engage with blockchain technology at an operational level.

Forward Industries' progress in both treasury growth and technological integration suggests that corporate adoption of blockchain technology is moving beyond speculative investment into practical operational implementation. The company's ability to generate significant yield through staking while maintaining liquidity in its holdings demonstrates a sophisticated approach to cryptocurrency treasury management that could serve as a model for other corporations exploring similar strategies. As blockchain technology continues to mature, the successful integration of traditional corporate equity with decentralized finance protocols represents a significant milestone in the convergence of traditional finance and emerging blockchain ecosystems.