Forward Industries Inc. (NASDAQ: FWDI) is advancing its Solana-focused digital asset treasury strategy, actively building a platform designed to generate value through staking, lending, and decentralized finance. The company currently holds more than 7 million SOL and operates validator infrastructure that has generated gross annual yields of approximately 6.5% to 7.2% before fees. About 25% of its SOL holdings are represented by its proprietary liquid staking token, fwdSOL.
The company has also announced a letter of intent and made an offer to acquire the Solana Company, a move it believes could create value through greater scale and combined Solana expertise. This acquisition aligns with Forward's broader strategy to buy, hold, stake, trade, invest in, and grow SOL and related digital assets, protocols, and businesses.
Forward Industries’ mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL, engaging with the network, providing tools to developers, and investing in Solana-related projects to increase shareholder value. In September 2025, the company launched its digital asset treasury strategy through a private placement transaction supported by industry-leading investors and operating partners, including Galaxy Digital and Jump Crypto.
For more details on Forward’s Solana treasury strategy, visit www.forwardindustries.com. The latest news and updates on FWDI are available in the company’s newsroom at https://nnw.fm/FWDI.
This development underscores Forward’s commitment to becoming a significant player in the Solana ecosystem, leveraging active on-chain strategies to generate returns and drive shareholder value. The planned acquisition of the Solana Company could further enhance its capabilities and market position.
