Curated News
By: NewsRamp Editorial Staff
May 05, 2026
Forward Industries Invests in OnRe, Deploys $25M into Onchain Reinsurance Token
TLDR
- Forward Industries invests in OnRe and plans $25M Solana yield, gaining exposure to tokenized real-world assets.
- Forward Industries invests $5M in OnRe's Series A and plans to deploy up to $25M into ONyc tokens on Solana.
- Forward Industries expands Solana ecosystem by investing in onchain reinsurance, potentially increasing financial inclusion.
- Forward Industries will deploy up to $25 million into OnRe's yield-bearing token ONyc on the Solana blockchain.
Impact - Why it Matters
This news matters because it signals a growing trend of traditional companies diversifying into blockchain-based real-world assets, specifically onchain reinsurance. By investing in OnRe and its yield-bearing token ONyc, Forward Industries is not only expanding its treasury strategy but also validating the use of Solana for institutional-grade financial products. For investors, this represents a new opportunity to gain exposure to reinsurance markets through a liquid, tokenized asset, potentially offering higher yields than traditional fixed-income instruments. Moreover, it highlights how companies are leveraging decentralized finance (DeFi) to generate income beyond simple staking, which could reshape corporate treasury management in the digital asset space.
Summary
Forward Industries (NASDAQ: FWDI), a Solana-focused digital asset treasury company, has announced a strategic investment in onchain reinsurance firm OnRe as part of its $5 million Series A funding round. The investment is part of a broader plan to deploy up to $25 million into OnRe’s yield-bearing token ONyc on Solana, marking a significant expansion of Forward Industries’ treasury strategy into tokenized real-world assets and diversified income streams. This move underscores the company’s commitment to growing its digital asset portfolio beyond traditional holdings, leveraging the Solana ecosystem to generate sustainable yields through innovative financial instruments.
Forward Industries, which launched its digital asset treasury strategy in September 2025 with support from industry heavyweights like Galaxy Digital and Jump Crypto, aims to acquire, stake, trade, and invest in SOL and related assets. By investing in OnRe, the company is tapping into the emerging onchain reinsurance market, which uses blockchain technology to streamline insurance processes and improve transparency. The ONyc token is designed to provide yield-bearing exposure to reinsurance risk, offering Forward Industries a new avenue for income generation while supporting the Solana ecosystem’s growth. This partnership aligns with Forward’s mission to expand and strengthen the Solana network by engaging with innovative protocols and businesses.
The news was disseminated via CryptoCurrencyWire, a specialized communications platform within the IBN Dynamic Brand Portfolio, which provides press release distribution and corporate communications solutions. For more details on Forward Industries’ Solana treasury strategy, visit forwardindustries.com. Investors seeking the latest updates on FWDI can access the company’s newsroom at https://cnw.fm/FWDI.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Forward Industries Invests in OnRe, Deploys $25M into Onchain Reinsurance Token
