Forward Industries Invests in OnRe, Plans $25M Deployment into Tokenized Reinsurance Platform
Forward Industries (NASDAQ: FWDI) invests in OnRe's Series A and plans up to $25M deployment into tokenized reinsurance platform OnRe, expanding its Solana-focused treasury strategy into tokenized real-world assets.
Forward Industries, Inc. (NASDAQ: FWDI), a Solana-focused digital asset treasury company, announced a strategic investment in onchain reinsurance company OnRe as part of its $5 million Series A round. The company also plans to deploy up to $25 million into OnRe's yield-bearing token ONyc on Solana, marking a significant expansion of its treasury strategy into tokenized real-world assets and diversified income streams.
This move underscores Forward Industries' commitment to growing the Solana ecosystem by investing in protocols and businesses that leverage Solana's blockchain. The investment and planned deployment into OnRe's tokenized reinsurance platform represent a novel approach to treasury management, combining digital assets with traditional insurance mechanisms. According to the press release, the company's strategy involves buying, holding, staking, trading, and investing in SOL and related digital assets, protocols, and businesses to increase shareholder value.
The announcement follows Forward Industries' private placement transaction in September 2025, which launched its digital asset treasury strategy with backing from industry-leading investors including Galaxy Digital and Jump Crypto. By allocating up to $25 million into ONyc, Forward Industries is positioning itself at the intersection of decentralized finance and traditional reinsurance, potentially opening new revenue streams and risk management tools.
The tokenized reinsurance platform OnRe uses blockchain technology to streamline reinsurance processes, offering yield-bearing tokens like ONyc on Solana. This investment highlights the growing trend of companies integrating real-world assets into their digital asset portfolios. For Forward Industries, it provides exposure to a regulated financial sector while utilizing Solana's high-speed and low-cost transaction capabilities.
Forward Industries' focus on Solana is central to its mission to expand and strengthen the Solana ecosystem. The company's treasury strategy, supported by prominent crypto investors, aims to generate returns through staking and trading activities while contributing to network development. The deployment into OnRe's tokenized reinsurance platform aligns with this mission by adding a diversified income stream that bridges traditional finance and blockchain.
Investors interested in following Forward Industries' developments can access the latest news and updates in the company's newsroom at https://cnw.fm/FWDI. For more information on the company's Solana treasury strategy, visit forwardindustries.com.