Forward Industries Expands Solana Treasury Strategy with Corporate Communications Partnership
Forward Industries has engaged IBN to enhance corporate communications as the company manages one of the largest Solana treasuries among public firms, positioning itself as an institutional gateway to the Solana ecosystem.
Forward Industries, Inc. (NASDAQ: FORD) has engaged IBN, a multifaceted financial news and publishing firm, to support its corporate communications strategy as the company expands its leadership in Solana treasury management. The engagement comes as Forward Industries manages one of the largest Solana (SOL) treasuries among public companies, holding over 6.87 million SOL as of October 15, 2025.
The company has deployed approximately $1.59 billion into SOL at a net cost of $232.08 per token, representing a significant institutional commitment to the Solana ecosystem. Nearly all of these holdings are staked through native Solana infrastructure, generating substantial daily revenue through an institutional-grade validator operated with DoubleZero. This staking arrangement delivers a 7.01% gross annual percentage yield, producing over 1,000 SOL in daily revenue for the company.
Forward Industries' Solana treasury strategy is backed by prominent cryptocurrency investors including Multicoin Capital, Galaxy Digital and Jump Crypto. These partnerships provide the company with institutional credibility and technical expertise in managing large-scale cryptocurrency positions. The company's approach to treasury management represents a growing trend among public companies seeking exposure to digital assets while generating yield through staking mechanisms.
In addition to its treasury management activities, Forward Industries is tokenizing its common stock on Solana through a partnership with Superstate. This initiative will enable 24/7 trading and real-time settlement of the company's stock, potentially increasing liquidity and accessibility for investors. The tokenization effort positions Forward Industries as an institutional gateway to the Solana ecosystem, bridging traditional corporate finance with blockchain technology.
The engagement with IBN will help communicate these developments to investors and market participants through various corporate communications channels. IBN provides services including news distribution through its platform available at https://ibn.fm/YNRL9 and maintains a comprehensive newsroom for Forward Industries at https://ibn.fm/FORD. These communications platforms will support the company's efforts to maintain transparency with stakeholders regarding its Solana treasury strategy and corporate developments.
This corporate communications partnership reflects the growing importance of clear messaging for companies operating at the intersection of traditional finance and digital assets. As public companies increasingly explore cryptocurrency treasury strategies, effective communication becomes crucial for maintaining investor confidence and regulatory compliance. Forward Industries' approach demonstrates how established corporations can leverage blockchain technology while maintaining professional corporate governance standards.