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Forward Industries Announces Tokenized Shares Live on Solana Blockchain Through Opening Bell Platform

By Burstable Editorial Team

TL;DR

Forward Industries' tokenized shares on Solana allow investors to use equity as collateral for loans, providing a competitive edge in accessing onchain liquidity.

Forward Industries integrated its SEC-registered shares with Solana's blockchain via Superstate's Opening Bell platform, enabling tokenized equity to serve as collateral on Kamino lending protocols.

This innovation extends share utility beyond traditional markets, potentially democratizing finance by enabling broader access to liquidity through regulated public equity.

Forward Industries marks the first time regulated public equity can be used as collateral in live DeFi markets, bridging traditional finance with blockchain technology.

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Forward Industries Announces Tokenized Shares Live on Solana Blockchain Through Opening Bell Platform

Forward Industries Inc. (NASDAQ: FWDI) has announced that its shares are now live on the Solana blockchain through Superstate's Opening Bell platform (https://ibn.fm/JIh1m). This integration represents a significant milestone for both traditional finance and decentralized finance sectors, as it marks the first instance where regulated public equity can be utilized as collateral within a live DeFi market.

The company, which describes itself as a Solana digital asset treasury company, has made its SEC-registered shares available on the blockchain through this partnership. This development allows ex-US holders of the company's tokenized FWDI shares to post their equity as collateral on Kamino, one of Solana's leading lending protocols. Eligible investors can now borrow stablecoins against these tokenized shares, gaining access to onchain liquidity while maintaining exposure to the underlying equity.

This move demonstrates how companies can extend the utility and functionality of their shares beyond traditional exchanges. By bridging regulated securities with decentralized finance protocols, Forward Industries is creating new possibilities for shareholder value and liquidity options. The integration showcases the growing convergence between traditional financial markets and blockchain technology, particularly in how established securities can interact with emerging DeFi ecosystems.

The implications of this announcement extend beyond Forward Industries itself. As the first regulated public company to enable its shares as collateral in live DeFi markets, this development sets a precedent for other publicly traded companies considering similar blockchain integrations. It represents a tangible step toward greater interoperability between traditional securities markets and decentralized finance platforms, potentially paving the way for broader adoption of tokenized securities.

For investors, this development creates additional utility for their holdings. Shareholders outside the United States can now leverage their positions in innovative ways previously unavailable in traditional markets. The ability to use tokenized shares as collateral for stablecoin loans provides liquidity options that don't require selling the underlying asset, potentially enabling more sophisticated portfolio management strategies within the blockchain ecosystem.

The industry implications are substantial, as this integration demonstrates a practical application of regulated securities within permissionless DeFi protocols. It addresses regulatory considerations while expanding the functionality of traditional equity instruments. This development may influence how other public companies approach blockchain technology and digital asset strategies, particularly those interested in enhancing shareholder value through innovative financial products.

Forward Industries maintains its newsroom at https://ibn.fm/FWDI where updates relating to the company are available. The integration through Superstate's Opening Bell platform represents a significant advancement in how traditional securities can interact with blockchain-based financial systems, potentially influencing future developments at the intersection of regulated markets and decentralized finance.

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Burstable Editorial Team

Burstable Editorial Team

@burstable

Burstable News™ is a hosted solution designed to help businesses build an audience and enhance their AIO and SEO press release strategies by automatically providing fresh, unique, and brand-aligned business news content. It eliminates the overhead of engineering, maintenance, and content creation, offering an easy, no-developer-needed implementation that works on any website. The service focuses on boosting site authority with vertically-aligned stories that are guaranteed unique and compliant with Google's E-E-A-T guidelines to keep your site dynamic and engaging.