Forward Industries, Inc. (NASDAQ: FWDI), a Solana treasury company, has announced a strategic partnership with Groma, the issuer of the tokenized real estate asset GromaCoin (GRO), under which Forward expects to allocate up to $30 million to GRO in connection with its anticipated launch on the Solana blockchain in the first quarter of 2027. The announcement, detailed in a recent press release, signals a significant move to bridge traditional real estate investment with blockchain technology, potentially broadening access to a historically illiquid asset class.
Each GRO token represents a share in the Groma Real Estate Trust, a U.S.-regulated real estate investment trust holding income-producing residential properties. Groma is pursuing a Regulation A+ offering that, subject to U.S. Securities and Exchange Commission qualification, would expand access beyond accredited investors and make up to $75 million available in the first year following launch. According to Groma, GRO currently represents more than $95 million in tokenized real estate value, with nearly $50 million in capital inflows year to date.
The partnership aims to expand GRO availability throughout the Solana ecosystem, including planned integration with Kamino’s decentralized lending protocol, which would allow token holders to borrow against their assets. This integration could enhance liquidity for GRO holders, enabling them to leverage their real estate investments without selling, a feature that is often difficult in traditional real estate markets.
For Forward Industries, the initiative builds on its broader strategy of supporting tokenized real-world assets on Solana, including its previous launch of tokenized FWDI shares through Superstate’s Opening Bell platform. Forward’s mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to and investing in the Solana network, Solana developers and Solana related projects in order to increase shareholder value. In connection with a private placement transaction in September 2025, Forward launched a digital asset treasury strategy supported by industry leading investors and operating partners including Galaxy Digital and Jump Crypto.
The partnership could have significant implications for both the real estate and cryptocurrency industries. By tokenizing real estate, Groma and Forward are aiming to democratize access to property investment, potentially allowing a wider range of investors to participate in a market that has traditionally been reserved for wealthy individuals or institutions. The use of Solana’s blockchain, known for its high throughput and low transaction costs, could make these investments more efficient and accessible.
Investors can find more information on Forward’s Solana treasury strategy at www.forwardindustries.com. The full press release is available at https://ccw.fm/gR70D, and the latest news and updates relating to FWDI are available in the company’s newsroom at Forward Industries (NASDAQ: FWDI).
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