Forward Industries Inc. (NASDAQ: FWDI) is building a Solana-focused treasury platform designed to generate value through active participation in the Solana ecosystem, including staking, lending and decentralized finance. The company currently holds more than 7 million SOL, while its validator infrastructure has generated gross annual yields of approximately 6.5% to 7.2% before fees, and roughly 25% of its SOL holdings are represented by its proprietary liquid staking token, fwdSOL. Forward has also announced a letter of intent and made an offer to acquire the Solana Company, which it believes could create value through greater scale and combined Solana expertise.
Forward Industries is a Solana focused digital asset treasury company with the strategy to buy, hold, stake, trade, invest in, and grow SOL and SOL related digital assets, protocols and businesses. Forward’s mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to and investing in the Solana network, Solana developers and Solana related projects in order to increase shareholder value. In connection with a private placement transaction in September 2025, Forward launched a digital asset treasury strategy supported by industry leading investors and operating partners including Galaxy Digital and Jump Crypto.
This announcement is significant because it highlights a corporate shift toward active on-chain treasury management rather than passive holding. By staking SOL and issuing a liquid staking token, Forward generates yield while maintaining liquidity for its treasury. The proposed acquisition of the Solana Company could further consolidate expertise and scale, potentially setting a precedent for other public companies exploring similar blockchain-based treasury strategies. For more information, visit the company’s newsroom at https://nnw.fm/FWDI and learn about the Solana treasury strategy at https://www.forwardindustries.com. The full article can be viewed at https://nnw.fm/FajsE.
