Blockchain Registration Transaction Record

Forward Industries Surpasses 6.97M SOL Holdings with Strong Staking Returns

Forward Industries (NASDAQ: FWDI) announces holding over 6.97 million SOL with 6.73% staking APY. Company integrates SEC shares on Solana blockchain while testing PropAMM.

This development matters because it signals growing institutional adoption of Solana as a treasury asset, potentially validating the blockchain's stability and earning potential for corporate investors. Forward Industries' success with staking returns exceeding 6.73% APY demonstrates that companies can generate meaningful yield from cryptocurrency holdings while maintaining operational liquidity. The integration of SEC-registered shares on Solana represents a bridge between traditional securities and blockchain technology, potentially paving the way for broader financial innovation. For the cryptocurrency market, such substantial corporate treasury allocations provide stability and legitimacy, while for investors, it offers a case study in how companies can strategically leverage crypto assets for financial growth without taking on corporate debt.