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Forward Industries has provided an update on its Solana treasury strategy, reporting liquid SOL holdings of over 6,979,967.46 SOL as of 15 January 2026 and the generation of more than 133,450 SOL in staking rewards since initiating the strategy in September 2025.
The Nasdaq-listed company has staked nearly all of its SOL holdings through validator infrastructure that has generated 6.73% gross annual percentage yield before fees, which it states has outperformed top peer validators.
Ryan Navi, Chief Investment Officer, Forward Industries
Ryan Navi, Chief Investment Officer, Forward Industries said:
"We continue to execute on our strategy to actively scale our Solana treasury through disciplined deployment and on-chain yield generation. Since initiating our Solana treasury strategy in September 2025, we have generated over 133,450 SOL in staking rewards and compounded our SOL-per-share. As we expand through partnerships like Superstate, 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,"
In December, Forward Industries announced that its SEC-registered shares are live on the Solana blockchain through Superstate's Opening Bell platform, marking what the company describes as the first time a public company's equity can be used directly within decentralised finance.
The company also began testing its PropAMM on Solana in December, with support from Galaxy Digital and infrastructure input from Jump Crypto.
Forward Industries maintains that it has sufficient operating capital and no corporate debt on its balance sheet.
The company, which has operated as a global design company serving medical and technology companies for over 60 years, initiated its Solana treasury strategy in September 2025. The strategy is supported by Galaxy Digital, Jump Crypto and Multicoin Capital.
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