Forward Industries (NASDAQ: FWDI) has provided an update on its Solana-focused treasury strategy, reporting substantial gains and key operational milestones that position the company at the intersection of traditional finance and decentralized technology. Since initiating the program in September 2025, the company has generated more than 133,450 SOL in staking rewards through disciplined deployment and on-chain yield generation, effectively compounding SOL per share.
As of January 15, 2026, the company holds more than 6.98 million SOL in liquid treasury assets, with nearly all holdings staked through its validator infrastructure. This strategy has yielded a gross annual percentage yield of 6.73% before fees, a rate that management reports outperforms top peer validators. The company maintains sufficient operating capital and carries no corporate debt, according to the announcement.
A significant development occurred in December when Forward Industries announced that its SEC-registered shares became live on the Solana blockchain through Superstate’s Opening Bell platform. This marks the first instance of a public company’s equity being usable directly within decentralized finance (DeFi) ecosystems, potentially creating new pathways for corporate finance and investor engagement. For more information on the company’s Solana treasury strategy, visit https://sol.forwardindustries.com.
Concurrently, the company began testing its PropAMM on Solana with support from Galaxy Digital and infrastructure input from Jump Crypto. The company’s Solana treasury strategy is supported by industry-leading investors and operating partners, including Galaxy Digital, Jump Crypto, and Multicoin Capital. These developments suggest a strategic pivot for Forward Industries, a global design company with over 60 years of history serving medical and technology sectors, toward integrating blockchain technology into its core financial operations.
The implications of these announcements are multifaceted for business and technology leaders. The successful generation of substantial staking rewards demonstrates a viable model for corporate treasury management on blockchain networks, potentially influencing how companies manage liquid assets. The integration of SEC-registered shares directly into DeFi represents a groundbreaking convergence of regulated securities and permissionless finance, which could accelerate institutional adoption of blockchain technology while creating new compliance and operational paradigms.
For the broader industry, Forward Industries’ experience provides a case study in corporate blockchain adoption, particularly regarding treasury management and capital structure innovation. The company’s collaboration with established crypto-native firms like Galaxy Digital and Jump Crypto highlights the growing intersection between traditional corporations and the digital asset ecosystem. As more companies explore blockchain applications, Forward Industries’ operational results and strategic partnerships offer valuable insights into both the opportunities and implementation challenges of such initiatives.
