Forward Industries, Inc. (NASDAQ: FWDI) has provided a comprehensive update on its Solana-focused treasury strategy, revealing substantial growth in its digital asset holdings and significant operational advancements. Since initiating its Solana treasury program in September 2025, the company has generated more than 133,450 SOL in staking rewards through disciplined deployment and on-chain yield generation strategies. This approach has successfully increased SOL per share, demonstrating the tangible benefits of integrating blockchain technology into corporate treasury management.
As of January 15, 2026, Forward Industries held more than 6.98 million SOL in liquid treasury assets, with nearly all holdings staked through its validator infrastructure. The company's staking operations have achieved a gross annual percentage yield of 6.73% before fees, outperforming top peer validators in the competitive Solana ecosystem. This performance highlights the sophisticated approach Forward Industries has taken to digital asset management, leveraging its industry partnerships and technical expertise to optimize returns.
In December, the company achieved a landmark milestone when its SEC-registered shares became live on the Solana blockchain through Superstate's Opening Bell platform. This development represents the first instance of a public company's equity being usable directly within decentralized finance (DeFi) applications, potentially opening new avenues for corporate finance and investor engagement. The integration allows for innovative financial interactions that were previously unavailable to traditional public companies.
Forward Industries has also begun testing its PropAMM on Solana with support from Galaxy Digital and infrastructure input from Jump Crypto. This proprietary automated market maker represents another step in the company's strategy to leverage blockchain technology for operational efficiency and new revenue streams. The company maintains sufficient operating capital and carries no corporate debt, providing financial stability as it continues to innovate in the digital asset space.
The company's Solana treasury strategy is supported by industry-leading investors and operating partners, including Galaxy Digital, Jump Crypto, and Multicoin Capital. These partnerships provide technical expertise and market insights that help optimize the company's digital asset management approach. For more information on the company's Solana treasury strategy, visit https://sol.forwardindustries.com.
Forward Industries' approach to corporate treasury management represents a significant shift in how public companies can leverage blockchain technology. By actively managing digital assets and integrating traditional equity with decentralized finance, the company is pioneering new models for corporate finance that could influence how other public companies approach treasury management. The successful generation of staking rewards and the integration of traditional equity with DeFi protocols demonstrate practical applications of blockchain technology that extend beyond speculative investment.
The implications of Forward Industries' strategy extend to corporate governance, investor relations, and financial management practices. As more companies explore digital asset integration, the regulatory landscape and accounting standards will likely evolve to accommodate these new approaches. The company's progress in this space provides valuable insights for business leaders considering similar initiatives, particularly in balancing innovation with regulatory compliance and financial stability.
