Blockchain Registration Transaction Record

Forward Industries Builds Largest Public Solana Treasury

Forward Industries builds largest public Solana treasury with 6.8M SOL, backed by $1.65B from Multicoin Capital, Galaxy Digital & Jump Crypto. First US-listed firm to tokenize stock on blockchain.

This development represents a significant milestone in the convergence of traditional finance and blockchain technology, potentially reshaping how publicly traded companies manage treasury assets and create shareholder value. For investors, it offers exposure to Solana's growth through a regulated, publicly traded vehicle rather than direct cryptocurrency ownership, potentially reducing volatility and regulatory risks. The company's tokenization of common stock could pave the way for broader adoption of blockchain in traditional capital markets, making sophisticated crypto investment strategies more accessible to mainstream investors while maintaining the transparency and regulatory oversight of public markets.