Forward Industries Grows Solana Treasury to Nearly 7 Million SOL

Forward Industries reported holding nearly 7 million $SOL as it expands its solana-focused treasury strategy. The company is also advancing tokenized equity and decentralized finance ( DeFi) initiatives on the network.

Nasdaq-Listed Forward Expands Solana Strategy and Tokenized Shares

Forward Industries, Inc. (NASDAQ: FWDI) has released an update on its solana treasury and recent operational milestones, reporting liquid holdings of more than 6.97 million $SOL as of January 15, 2026.

According to Forward, the company’s strategy has generated more than 133,450 $SOL in staking rewards to date. This has helped increase $SOL-per-share through compounding and active onchain deployment.

Ryan Navi, Chief Investment Officer of Forward Industries, said the company is focused on building a long-term, income-generating treasury by combining disciplined capital deployment with solana-native yield opportunities.

As we expand through partnerships, we’re able to participate in emerging use cases where real-world assets can function natively within DeFi, while continuing to leverage Solana’s unmatched performance, liquidity, and economic activity to build a durable, income-generating treasury that creates long-term value for shareholders.

Beyond treasury growth, Forward highlighted two notable operational developments announced in December. The company’s SEC-registered shares are now live on the Solana blockchain, marking the first time a public company’s equity can be used directly within DeFi applications. Forward also began testing its proprietary automated market maker, known as PropAMM, on Solana.

Read more: Solana’s Ecosystem Hits $2.39 Billion Revenue High in 2025

On the treasury side, nearly all of its $SOL holdings are currently staked with a gross annual percentage yield of 6.73% before fees. Forward also noted that it continues to hold sufficient operating capital and carries no corporate debt.

The company said it plans to continue expanding its Solana-based operations as it explores new intersections between public markets and decentralized finance.

FAQ🚀

• How much solana does Forward Industries hold?
  Forward reported liquid holdings of nearly 7 million $SOL as part of its solana-focused treasury strategy.
• Why is Forward increasing its solana exposure?
  The company aims to build a long-term, income-generating treasury using staking rewards and Solana-native DeFi yields.
• What makes Forward’s tokenized shares significant?
  Its SEC-registered equity now lives on Solana, enabling public company shares to be used directly in DeFi for the first time.
• What’s next for Forward Industries on solana?
  The firm plans to scale its $SOL treasury, expand DeFi integrations, and grow tokenized finance initiatives on the network.