Forward Industries Establishes Crypto Advisory Board to Advance Solana Treasury Strategy
Forward Industries has formed a 25-member Crypto Advisory Board to guide its Solana-focused digital asset treasury strategy, signaling growing corporate adoption of blockchain technology for treasury management.
Forward Industries, Inc. (NASDAQ: FORD) has established a Crypto Advisory Board composed of 25 inaugural members with extensive experience across the Solana ecosystem, digital assets, capital markets and financial services. The Advisory Board will provide strategic guidance as the company accelerates its Solana-focused digital asset treasury strategy and expands its broader blockchain initiatives.
The formation of this specialized advisory board represents a significant commitment to digital asset integration at the corporate level. With 25 members bringing diverse expertise from the Solana ecosystem and traditional financial markets, the board is positioned to provide comprehensive guidance on treasury management strategies involving digital assets. This move comes as more corporations explore blockchain technology for treasury operations and asset management.
Forward Industries initiated its Solana treasury strategy in September 2025, dedicating resources to acquiring SOL and increasing SOL-per-share through bespoke strategies and active management of the company's treasury. The company's approach is supported by industry leading investors and operating partners, including Galaxy Digital, Jump Crypto, and Multicoin Capital. These partnerships underscore the serious institutional backing behind Forward Industries' digital asset initiatives.
The establishment of the Crypto Advisory Board signals a maturation in corporate adoption of blockchain technology. Rather than simply holding cryptocurrency as a speculative asset, Forward Industries is building infrastructure and expertise to actively manage digital assets within its treasury operations. This strategic approach could serve as a model for other public companies considering similar moves into digital asset management.
For investors seeking additional information, the latest news and updates relating to FORD are available in the company's newsroom at https://ibn.fm/FORD. The full press release detailing the Crypto Advisory Board formation can be viewed at https://ibn.fm/rtY24. The broader implications of this announcement extend beyond Forward Industries itself, potentially influencing how other NASDAQ-listed companies approach digital asset integration and treasury management strategies in the evolving blockchain landscape.