Forward Industries (NASDAQ: FWDI) provided an update on its Solana-focused treasury strategy and recent operational milestones, reporting that since initiating its Solana treasury program in September 2025 the Company has generated more than 133,450 SOL in staking rewards while compounding SOL per share through disciplined deployment and on-chain yield generation. As of Jan. 15, 2026, Forward Industries held more than 6.98 million SOL in liquid treasury assets, with nearly all holdings staked through its validator infrastructure, generating a gross annual percentage yield of 6.73% before fees and outperforming top peer validators. During December, the Company announced that its SEC-registered shares became live on the Solana blockchain through Superstate’s Opening Bell platform, marking the first instance of a public company’s equity being usable directly within decentralized finance (“DeFi”), and also began testing its PropAMM on Solana with support from Galaxy Digital and infrastructure input from Jump Crypto. Management noted the Company maintains sufficient operating capital and carries no corporate debt.
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