Forward Industries Inc. (NASDAQ: FWDI) is building a Solana-focused treasury platform designed to generate value through active participation in the Solana ecosystem, including staking, lending and decentralized finance, according to a news release. The company currently holds more than 7 million SOL, while its validator infrastructure has generated gross annual yields of approximately 6.5% to 7.2% before fees. Roughly 25% of its SOL holdings are represented by its proprietary liquid staking token, fwdSOL.
Forward has also announced a letter of intent and made an offer to acquire the Solana Company, which it believes could create value through greater scale and combined Solana expertise. The company's strategy is to buy, hold, stake, trade, invest in, and grow SOL and SOL-related digital assets, protocols and businesses.
Forward Industries is a Solana-focused digital asset treasury company with a mission to expand and strengthen the Solana ecosystem. In connection with a private placement transaction in September 2025, Forward launched a digital asset treasury strategy supported by industry-leading investors and operating partners including Galaxy Digital and Jump Crypto. For more information on the company’s Solana treasury strategy, visit www.forwardindustries.com.
This announcement highlights the growing institutional interest in Solana as a platform for active treasury management. By staking SOL and offering liquid staking tokens, Forward is positioning itself to generate yield while contributing to network security. The potential acquisition of the Solana Company could further consolidate expertise and scale operations, signaling a trend toward specialized digital asset treasuries that go beyond passive holding.
