Blockchain Registration Transaction Record

Forward Industries Holds 6.97M SOL, Achieves 6.73% APY in Solana Treasury

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

This development matters because it demonstrates how traditional companies are successfully integrating blockchain technology into their core operations, potentially signaling a broader trend of institutional adoption. Forward Industries' substantial SOL holdings and impressive staking returns show that corporate treasury strategies can effectively leverage cryptocurrency assets for yield generation. The company's technical achievements—including SEC-registered shares on Solana and PropAMM testing—represent important steps toward bridging traditional finance with decentralized systems. For investors and industry observers, this update provides concrete evidence of Solana's growing institutional appeal and the viability of blockchain-based corporate strategies. The company's debt-free position and operational capital management further suggest that disciplined financial approaches can coexist with innovative cryptocurrency investments, potentially influencing how other public companies approach digital asset integration.