Blockchain Registration Transaction Record

Forward Industries Holds $1.6B in Solana, Generates 1K+ SOL Daily

Forward Industries holds 6.87M SOL worth $1.6B, generates 1,000+ SOL daily from staking. Backed by Galaxy Digital, Jump Crypto & Multicoin Capital in major crypto treasury move.

This development matters because it represents one of the largest corporate treasury allocations to cryptocurrency, signaling growing institutional adoption of digital assets. Forward Industries' successful generation of over 1,000 SOL daily through staking demonstrates the tangible revenue potential of cryptocurrency treasury management for public companies. The involvement of major crypto investors like Galaxy Digital and Multicoin Capital validates the strategy's credibility and could influence other corporations to explore similar treasury diversification. For investors, this shows how traditional companies can leverage crypto assets to create new revenue streams and enhance shareholder value. The company's ability to achieve yields exceeding top validators suggests sophisticated operational capabilities that could set new standards for corporate crypto treasury management.