Forward Industries Engages IBN to Enhance Corporate Communications Strategy for Solana Treasury Operations

Forward Industries (NASDAQ: FORD) has engaged IBN, a multifaceted financial news and publishing firm serving private and public entities, to enhance its corporate communications strategy. The company manages one of the largest Solana (SOL) treasuries among public firms, holding over 6.87 million SOL as of October 15, 2025. This strategic move comes as the company has deployed approximately $1.59 billion into SOL at a net cost of $232.08 per token, positioning itself as a significant institutional player in the cryptocurrency space.

The company's treasury operations demonstrate sophisticated blockchain integration, with nearly all holdings staked through native Solana infrastructure. This staking strategy generates over 1,000 SOL in daily revenue through an institutional-grade validator operated with DoubleZero that delivers a 7.01% gross annual percentage yield. This revenue-generating approach represents a fundamental shift in how public companies can leverage cryptocurrency holdings beyond simple asset appreciation, creating sustainable income streams through blockchain participation.

Forward Industries' strategic positioning is further strengthened by backing from prominent cryptocurrency investment firms including Multicoin Capital, Galaxy Digital and Jump Crypto. These partnerships provide the company with institutional credibility and technical expertise in navigating the complex cryptocurrency landscape. The company is also advancing its blockchain integration through tokenizing its common stock on Solana via a partnership with Superstate. This initiative enables 24/7 trading and real-time settlement, positioning Forward Industries as an institutional gateway to the Solana ecosystem.

The engagement with IBN, detailed in the full press release available at https://ibn.fm/YNRL9, represents a critical step in communicating the company's evolving strategy to investors and market participants. As traditional corporations increasingly explore cryptocurrency treasury management, Forward Industries' approach provides a template for how public companies can integrate blockchain technology into core financial operations. The company's substantial SOL holdings and sophisticated staking operations demonstrate the potential for public corporations to generate meaningful revenue through cryptocurrency strategies while maintaining institutional-grade risk management.

This development has broader implications for the cryptocurrency industry and traditional corporate finance. Forward Industries' success could encourage other public companies to consider similar cryptocurrency treasury strategies, potentially driving increased institutional adoption of blockchain technology. The company's tokenization of common stock also represents an innovative approach to securities trading, potentially influencing how public equities are traded and settled in the future. The comprehensive terms of use and disclaimers governing this information are available at http://IBN.fm/Disclaimer, providing important context for investors considering the company's forward-looking statements.