Forward Industries (NASDAQ: FWDI) was featured in a recent article that discussed its continued efforts to compile a large-scale Solana treasury. “The strategy for FWDI centers on not only acquiring more SOL, but also actively participating within the ecosystem by deploying assets in opportunities like staking, lending, and DeFi,” the publication reads. “The company has developed and is applying a rigorous institutional risk management framework, using capital markets to scale SOL holdings, and partnering with other Solana-aligned businesses… Since the inception of the company’s treasury strategy, it has acquired more than 6.9 million SOL, and the company’s validator infrastructure has generated between 6.82% and 7.01% annual percentage yield (‘APY’) before fees, outperforming many top peer validators.”
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