Forward Industries Chairman Details Solana Treasury Strategy on CNBC

Forward Industries chairman Kyle Samani appeared on CNBC's Squawk Box to discuss the company's innovative Solana treasury strategy and broader cryptocurrency outlook. Samani, who also serves as co-founder and managing partner of Multicoin Capital, detailed plans to leverage Solana's native yield capabilities and decentralized finance ecosystem following a substantial $1.65 billion PIPE financing round co-sponsored by Multicoin, Jump Crypto, and Galaxy Digital.

The company's strategic pivot includes actively managing its treasury through bespoke strategies focused on acquiring SOL tokens and increasing SOL-per-share metrics. This approach represents a significant departure from traditional corporate treasury management and positions Forward Industries at the forefront of blockchain adoption among publicly traded companies. The treasury strategy, initiated in September 2025, has garnered support from industry-leading investors and operating partners including Galaxy Digital, Jump Crypto, and Multicoin Capital.

Samani highlighted Forward Industries' partnership with Superstate to tokenize company equity on the Solana blockchain, enabling global investors to hold Forward shares directly in Solana wallets. This initiative breaks down geographical barriers to investment and represents a fundamental shift in how public company equity can be accessed and traded. The tokenization effort aligns with the company's vision to become a leading public crypto enterprise while maintaining its core business as a global design company serving top-tier medical and technology clients.

The company's move toward blockchain integration comes after more than 60 years of successful product development for world-leading companies and brands. Forward Industries' strategic embrace of cryptocurrency treasury management and equity tokenization signals a broader trend of traditional corporations exploring blockchain technology for financial operations and investor relations. Additional information about the company's Solana treasury strategy is available at https://sol.forwardindustries.com.

This development matters because it represents a significant milestone in corporate adoption of blockchain technology, potentially setting a precedent for other publicly traded companies considering cryptocurrency integration. The ability for investors worldwide to hold tokenized equity directly in digital wallets could democratize access to public markets and reshape traditional investment mechanisms. Forward Industries' strategy demonstrates how established corporations can leverage emerging technologies to enhance treasury management, expand investor access, and position themselves for long-term growth in an increasingly digital financial landscape.