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Forward Industries Establishes Crypto Advisory Board to Advance Solana Treasury Strategy

Burstable News - Business and Technology News October 22, 2025
By Burstable News Staff
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Forward Industries Establishes Crypto Advisory Board to Advance Solana Treasury Strategy

Summary

Forward Industries has formed a 25-member Crypto Advisory Board to guide its Solana-focused digital asset treasury strategy, signaling growing corporate adoption of blockchain technology.

Full Article

Forward Industries, Inc. (NASDAQ: FORD) has established a Crypto Advisory Board composed of 25 inaugural members with extensive experience across the Solana ecosystem, digital assets, capital markets and financial services. The Advisory Board will provide strategic guidance as the company accelerates its Solana-focused digital asset treasury strategy and expands its broader blockchain initiatives.

The formation of this specialized advisory board represents a significant commitment to Forward Industries' digital asset strategy, which began in September 2025 when the company initiated a Solana treasury strategy dedicated to acquiring SOL and increasing SOL-per-share through bespoke strategies and active management of the company's treasury. This move positions Forward Industries as what the company describes as "the leading Solana treasury company" in the corporate landscape.

The company's Solana treasury strategy is supported by industry leading investors and operating partners, including Galaxy Digital, Jump Crypto, and Multicoin Capital. These partnerships provide additional credibility and expertise to Forward Industries' blockchain initiatives, suggesting a well-supported approach to digital asset management. The latest news and updates relating to FORD are available in the company's newsroom at https://ibn.fm/FORD.

This development signals a growing trend of established public companies integrating cryptocurrency and blockchain technology into their corporate treasury strategies. The creation of a dedicated advisory board with 25 members indicates the complexity and strategic importance Forward Industries places on its digital asset initiatives. The diverse expertise across Solana ecosystem, digital assets, capital markets, and financial services suggests a comprehensive approach to navigating the evolving cryptocurrency landscape.

The implications of this announcement extend beyond Forward Industries itself, potentially influencing other publicly traded companies considering similar digital asset strategies. As a NASDAQ-listed company taking concrete steps toward cryptocurrency adoption, Forward Industries may serve as a case study for corporate blockchain integration. The company's approach of combining expert advisory guidance with established industry partnerships could become a model for other organizations exploring digital asset treasury management.

For investors and industry observers, this move represents continued institutional adoption of blockchain technology and digital assets. The specific focus on Solana rather than more established cryptocurrencies like Bitcoin or Ethereum indicates a strategic bet on particular blockchain ecosystems. This development may encourage further corporate exploration of blockchain technology applications beyond simple cryptocurrency holdings, potentially accelerating mainstream adoption across various business sectors.

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