Forward Industries to Tokenize NASDAQ Shares on Solana Blockchain

Forward Industries Inc. (NASDAQ: FORD) announced a partnership with fintech firm Superstate to enable tokenization of its common shares on the Solana blockchain through the Opening Bell platform. This initiative will allow shareholders to move FORD stock on-chain for 24/7 trading, real-time settlement, and enhanced global liquidity. The company is also taking an equity stake in Superstate and collaborating on future product development, reinforcing its commitment to building on-chain capital markets infrastructure.

The tokenization effort involves collaboration with Solana-based protocols Drift, Kamino, and Jupiter Lend to establish tokenized FORD equity as eligible collateral across their platforms. This strategic move represents a significant step in Forward Industries' transformation into an on-chain-first company, including tokenizing its equity directly on the Solana mainnet. Kyle Samani, Chairman of the Board of Directors of Forward Industries, stated that this partnership reflects the continued execution of the company's vision to embrace blockchain technology for capital markets operations.

By bringing public shares of FORD onto the Opening Bell platform and taking an equity stake in Superstate, Forward Industries is reinforcing its conviction that Solana will sit at the core of future capital markets while giving shareholders direct participation in the tokenized economy. The company's Solana treasury strategy, initiated in September 2025, is dedicated to acquiring SOL and increasing SOL-per-share through bespoke strategies and active management of the company's treasury. This strategy is supported by industry-leading investors and operating partners, including Galaxy Digital, Jump Crypto, and Multicoin Capital.

The tokenization of traditional equity securities represents a fundamental shift in how public companies can leverage blockchain technology to enhance shareholder value and market efficiency. The ability to trade tokenized shares 24/7 with real-time settlement addresses longstanding limitations of traditional stock market operations. This development positions Forward Industries as an early adopter in the convergence of traditional finance and decentralized finance, potentially setting a precedent for other publicly traded companies considering similar blockchain integration strategies.

For more information about the company's initiatives, visit https://sol.forwardindustries.com. The full press release detailing this partnership is available at https://ibn.fm/b8Y2t. This move represents a significant milestone in the adoption of blockchain technology by established public companies and could accelerate the broader integration of traditional financial instruments with decentralized finance infrastructure.