Forward Industries Set to Join Russell 2000 and Russell 3000 Indexes, Boosting Institutional Visibility

Forward Industries, Inc. (NASDAQ: FWDI), a Solana treasury company, announced it will be added to the Russell 2000 and Russell 3000 indexes following the semi-annual reconstitution of the Russell indexes. The inclusion will take effect after the U.S. market opens on June 29, 2026, and is anticipated to broaden the company's shareholder base, enhance trading liquidity, and increase visibility among institutional investors.

The company, which focuses on acquiring, holding, staking, trading, and investing in SOL and Solana-related digital assets, launched its digital asset treasury strategy in September 2025 through a private placement transaction supported by industry leaders including Galaxy Digital and Jump Crypto. According to the company, joining the Russell indexes is a significant milestone that reflects its growth and commitment to the Solana ecosystem.

Membership in the Russell 2000 and Russell 3000 indexes is expected to drive demand from index funds and exchange-traded funds that track these benchmarks, potentially leading to increased stock purchases by institutional investors. The inclusion also signals to the market that Forward Industries meets the criteria for index membership, including market capitalization and financial viability.

For more information about Forward Industries and its Solana treasury strategy, visit forwardindustries.com. The full press release is available at https://ibn.fm/RMpnL.

Forward Industries is a Solana-focused digital asset treasury company with a mission to expand and strengthen the Solana ecosystem by staking SOL and investing in Solana-related projects. The company aims to increase shareholder value through strategic acquisitions and engagement with the Solana network.