Forward Industries has reported substantial gains from its Solana-focused treasury strategy, generating more than 133,450 SOL in staking rewards since initiating the program in September 2025. The company announced it has successfully compounded SOL per share through disciplined deployment and on-chain yield generation, with its liquid treasury assets exceeding 6.98 million SOL as of January 15, 2026. Nearly all of the company's SOL holdings are staked through its validator infrastructure, generating a gross annual percentage yield of 6.73% before fees. Management noted this performance has outperformed top peer validators in the Solana ecosystem. The company maintains sufficient operating capital and carries no corporate debt, according to the treasury update.
In December, Forward Industries achieved a significant milestone when its SEC-registered shares became live on the Solana blockchain through Superstate's Opening Bell platform. This development marks the first instance of a public company's equity being usable directly within decentralized finance applications, potentially opening new avenues for corporate finance and shareholder engagement. The company also began testing its PropAMM on Solana with support from Galaxy Digital and infrastructure input from Jump Crypto. These developments represent a strategic shift for the 60-year-old design company, which traditionally served medical and technology clients but has now embraced blockchain technology as a core component of its treasury management.
Forward Industries' Solana treasury strategy is supported by industry-leading investors and operating partners, including Galaxy Digital, Jump Crypto, and Multicoin Capital. For more information on the company's Solana treasury strategy, visit sol.forwardindustries.com. The company's approach demonstrates how traditional corporations can leverage blockchain technology for treasury management while maintaining regulatory compliance through SEC-registered shares. The integration of traditional corporate equity with decentralized finance protocols represents a significant development in the convergence of traditional finance and blockchain technology. As corporations explore blockchain-based treasury strategies, Forward Industries' experience may provide valuable insights for other public companies considering similar approaches to digital asset management and shareholder value creation.
