Forward Industries has expanded its Solana-focused treasury, now holding nearly 7 million SOL, as part of its strategy to leverage Solana's performance and liquidity. The company has generated over 133,450 SOL in staking rewards, enhancing its SOL-per-share value through compounding and active on-chain deployment. Chief Investment Officer Ryan Navi emphasized the focus on building a long-term, income-generating treasury by integrating Solana-native yield opportunities. In addition to treasury growth, Forward Industries has achieved significant operational milestones. The company's SEC-registered shares are now live on the Solana blockchain, marking a first for public company equity in DeFi applications. Forward has also begun testing its proprietary automated market maker, PropAMM, on Solana. The firm plans to continue expanding its Solana-based operations, exploring new intersections between public markets and decentralized finance.
Forward Industries Expands Solana Holdings to Nearly 7 Million SOL
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