Forward Industries Pioneers First Public Company Equity on Solana Blockchain

Forward Industries (NASDAQ: FWDI), a global design company with over 60 years of experience serving top-tier medical and technology clients, has made a groundbreaking move into the world of decentralized finance. The company announced that its SEC-registered shares are now live on the Solana blockchain through Superstate's Opening Bell platform, marking the first time a public company's equity can be used directly within DeFi ecosystems. This historic integration allows eligible ex-U.S. holders to tokenize their FWDI shares and use them as collateral on Kamino, a leading Solana-based lending protocol, enabling investors to borrow stablecoins against their equity while maintaining exposure to the stock's performance. The system is supported by real-time price feeds from Pyth and distinguishes itself from synthetic models by directly tokenizing Forward's Class A Common Stock through Superstate, a registered SEC transfer agent.

The collaboration establishes a foundation for expanded onchain equity functionality as regulatory guidance evolves and provides existing shareholders the option to hold their shares on Solana via Superstate's platform. This development follows Forward Industries' September 2025 initiation of a Solana treasury strategy dedicated to acquiring SOL and increasing SOL-per-share through bespoke strategies and active management, supported by industry-leading investors including Galaxy Digital, Jump Crypto, and Multicoin Capital. The company's commitment to blockchain integration represents a significant step toward bridging traditional finance with decentralized systems, offering investors new ways to leverage their equity holdings while maintaining regulatory compliance through established frameworks.

For more information on this development, readers can view the full press release at https://ibn.fm/GxBsf or learn about the company's Solana treasury strategy at sol.forwardindustries.com. The news was distributed through MissionIR, a specialized communications platform within the Dynamic Brand Portfolio that provides syndicated content and corporate communications solutions to enhance company visibility within the investment community. As one of 75+ brands in the Investor Brand Network, MissionIR delivers comprehensive distribution through InvestorWire, editorial syndication to 5,000+ outlets, press release enhancement, social media distribution, and tailored corporate communications solutions to help companies reach investors, influencers, and the general public effectively.