Forward Industries, Inc. (NASDAQ: FWDI), a company focused on a Solana digital asset treasury strategy, announced it will be included in the Russell 2000 and Russell 3000 indexes following the Russell indexes’ semi-annual reconstitution, effective after the U.S. market opens on June 29, 2026. The inclusion is anticipated to expand Forward Industries' shareholder base, improve trading liquidity, and increase visibility among institutional investors.
The company’s addition to these widely followed indexes reflects its growing market capitalization and alignment with Russell Investments' criteria. Russell indexes are used extensively by investment managers and institutional investors as benchmarks for passive investment strategies and asset allocation. Being included in the Russell 2000, which tracks small-cap stocks, and the Russell 3000, which covers the entire U.S. stock market, can lead to increased demand for the stock as index funds and exchange-traded funds that track these indexes must purchase shares of newly added companies.
Forward Industries is a Solana-focused digital asset treasury company. Its strategy involves buying, holding, staking, trading, investing in, and growing SOL and SOL-related digital assets, protocols, and businesses. The company aims to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with the Solana network, developers, and related projects. In September 2025, following a private placement transaction, Forward Industries launched its digital asset treasury strategy with support from industry leaders including Galaxy Digital and Jump Crypto.
The inclusion in the Russell indexes is a significant milestone for Forward Industries, as it may enhance the stock's liquidity and attract a broader investor base, including institutional investors who often require index inclusion for investment. For more information about Forward Industries and its Solana treasury strategy, visit forwardindustries.com.
Further details on the company's news and updates are available in the company’s newsroom at https://ibn.fm/FWDI.
