Curated News
By: NewsRamp Editorial Staff
October 23, 2025
Forward Industries Becomes Major Solana Treasury Player with $1.59B Investment
TLDR
- Forward Industries holds one of the largest Solana treasuries among public firms, providing significant financial advantage through staking revenue and institutional crypto exposure.
- Forward Industries manages 6.87 million SOL tokens staked through native Solana infrastructure, generating over 1,000 SOL daily revenue at a 7.01% gross APY.
- Forward Industries is tokenizing its common stock on Solana to enable 24/7 trading and real-time settlement, improving financial accessibility and market efficiency.
- Forward Industries operates an institutional-grade Solana validator with DoubleZero while being backed by major crypto investors like Multicoin Capital and Galaxy Digital.
Impact - Why it Matters
This development matters because it represents a significant milestone in institutional cryptocurrency adoption. As a publicly traded company managing one of the largest Solana treasuries, Forward Industries is bridging traditional finance with blockchain technology in unprecedented ways. Their tokenization of common stock on Solana could revolutionize how public companies approach capital markets, enabling 24/7 trading and real-time settlement that challenges conventional market structures. For investors, this signals growing mainstream acceptance of cryptocurrency as a legitimate treasury asset class, potentially paving the way for other public companies to follow suit. The substantial staking revenue generation also demonstrates how corporations can leverage blockchain technology to create new income streams while maintaining asset exposure.
Summary
Forward Industries (NASDAQ: FORD), a leading Solana treasury company, has announced a strategic partnership with IBN, a multifaceted financial news and publishing firm, to enhance its corporate communications strategy. The company stands out as a major institutional player in the cryptocurrency space, managing one of the largest Solana (SOL) treasuries among public firms with holdings exceeding 6.87 million SOL as of October 15, 2025. This substantial position represents approximately $1.59 billion deployed into SOL at a net cost of $232.08 per token, demonstrating significant institutional confidence in the Solana ecosystem. The company's treasury strategy is backed by prominent cryptocurrency investors including Multicoin Capital, Galaxy Digital, and Jump Crypto, adding credibility to their ambitious financial approach.
What makes Forward Industries particularly noteworthy is their sophisticated approach to maximizing returns on their cryptocurrency holdings. Nearly all of their SOL holdings are staked through native Solana infrastructure, generating impressive daily revenue of over 1,000 SOL through an institutional-grade validator operated in partnership with DoubleZero. This staking arrangement delivers a substantial 7.01% gross annual percentage yield, creating a consistent revenue stream while maintaining exposure to the underlying asset. Additionally, the company is breaking new ground by tokenizing its common stock on Solana through a partnership with Superstate, enabling 24/7 trading and real-time settlement capabilities that position Forward Industries as an institutional gateway to the Solana ecosystem. For those seeking more detailed information, the full press release is available through the InvestorBrandNetwork website.
Beyond its cryptocurrency initiatives, Forward Industries maintains its legacy as a global design company with over 60 years of experience serving top-tier medical and technology companies. The company's recent pivot to a dedicated Solana treasury strategy in September 2025 represents a significant transformation in its corporate direction. This strategic shift focuses on acquiring SOL and increasing SOL-per-share through bespoke strategies and active treasury management, supported by industry-leading investors and operating partners. The engagement with IBN reflects the company's commitment to transparent communication about these innovative financial strategies as they navigate the evolving landscape of digital assets and blockchain technology.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Forward Industries Becomes Major Solana Treasury Player with $1.59B Investment
