Forward Industries, Inc. (NASDAQ: FORD) has engaged IBN, a multifaceted financial news and publishing firm, to support its corporate communications strategy as the company expands its leadership in Solana treasury management. The engagement comes as Forward Industries manages one of the largest Solana (SOL) treasuries among public firms, holding over 6.87 million SOL as of October 15, 2025.
The company has deployed approximately $1.59 billion into SOL at a net cost of $232.08 per token, representing a significant institutional commitment to the Solana ecosystem. Nearly all of these holdings are staked through native Solana infrastructure, generating substantial daily revenue through an institutional-grade validator operated with DoubleZero that delivers a 7.01% gross annual percentage yield.
This strategic move positions Forward Industries as a key institutional gateway to the Solana ecosystem, backed by prominent cryptocurrency investors including Multicoin Capital, Galaxy Digital and Jump Crypto. The company's treasury strategy represents a substantial institutional validation of Solana's blockchain technology and its potential for corporate treasury management.
In addition to its treasury management activities, Forward Industries is tokenizing its common stock on Solana through a partnership with Superstate. This initiative will enable 24/7 trading and real-time settlement of the company's stock, potentially revolutionizing how public company shares are traded and settled. The full details of this corporate communications engagement and treasury strategy can be viewed in the official press release available at https://ibn.fm/YNRL9.
The implications of Forward Industries' Solana treasury strategy extend beyond the company itself, potentially setting a precedent for other public companies considering cryptocurrency treasury management. With over 1,000 SOL generated in daily revenue through staking, the company demonstrates the revenue-generating potential of blockchain-based treasury strategies. This approach could influence how corporations manage their cash reserves in an increasingly digital financial landscape.
The partnership with IBN will help communicate these developments to investors and the broader financial community through enhanced corporate communications. IBN's services include access to wire solutions via InvestorWire, article and editorial syndication to over 5,000 outlets, press release enhancement, social media distribution, and tailored corporate communications solutions. More information about IBN's financial news services is available at https://www.CurrencyNewsWire.com.
Forward Industries' transformation from a traditional design company serving medical and technology clients to a leading Solana treasury manager represents a significant shift in corporate strategy. The company initiated its Solana treasury strategy in September 2025, dedicating resources to acquiring SOL and increasing SOL-per-share through bespoke strategies and active treasury management. This evolution highlights the growing intersection between traditional corporate finance and blockchain technology, potentially paving the way for broader institutional adoption of cryptocurrency strategies.
