Blockchain Registration Transaction Record
Forward Industries Generates 133K+ SOL Rewards in Solana Treasury Strategy
Forward Industries reports generating over 133,450 SOL in staking rewards through its Solana treasury strategy, holding 6.98M SOL with 6.73% yield. First public company with SEC shares usable in DeFi.
This development represents a significant milestone in corporate adoption of blockchain technology, demonstrating how traditional companies can leverage cryptocurrency for treasury management and shareholder value creation. For investors, it shows the tangible financial benefits of blockchain integration, with Forward Industries achieving a 6.73% yield on its SOL holdings—outperforming peer validators. The company's achievement of making SEC-registered shares usable directly in DeFi marks the first such integration by a public company, potentially paving the way for broader adoption of blockchain in traditional finance. This matters because it bridges the gap between conventional corporate finance and emerging decentralized technologies, offering a model for other companies considering blockchain integration while providing real-world evidence of cryptocurrency's utility beyond speculative trading.
| Blockchain | Details |
|---|---|
| Contract Address | 0xeA2912a8DA1CD48401b10cB283585874d98098F4 |
| Transaction ID | 0x888c2f509a10a1ce61d0950404bb029feb8f2b4dbd9dc008f650b64821e26556 |
| Account | 0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20 |
| Chain | polygon-main |
| NewsRamp Digital Fingerprint | joiniO3l-de9b456f9c280b28648a15e6264da5bc |