Forward Industries, Inc. (NASDAQ: FWDI), a leading Solana treasury company, announced the appointment of Michael Ashe, chief strategy officer at Galaxy Digital, to its board of directors, effective immediately. Ashe previously served as a board observer and brings extensive leadership experience in strategy, corporate development, and investment banking from Galaxy Digital, Oppenheimer & Co. Inc., and Citi.
Chairman Kyle Samani commented that Ashe's appointment reflects the board's confidence in his expertise as the company continues to expand its Solana treasury strategy. The move underscores Forward Industries' commitment to strengthening its position within the Solana ecosystem by leveraging top-tier advisory talent.
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 mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL, engaging with the Solana network, and providing tools and investments to Solana developers and related projects to increase shareholder value.
In connection with a private placement transaction in September 2025, Forward Industries launched its digital asset treasury strategy supported by industry-leading investors and operating partners, including Galaxy Digital and Jump Crypto. For more information on the company's Solana treasury strategy, visit forwardindustries.com.
To view the full press release, visit https://ibn.fm/7NzLC. For the latest news and updates relating to FWDI, visit the company's newsroom at https://ibn.fm/FWDI.
