Forward Industries (Nasdaq: FWDI) reported that almost half of its tokenized shares are currently deployed in DeFi.
Published
Signal category
Capital & Finance
Quote
“Almost half of Forward Industries' tokenized shares are currently deployed in DeFi.”
— Forward Industries (Nasdaq: FWDI) team
Company
Forward Industries (Nasdaq: FWDI)
The world's leading Solana treasury company. Moving the future of finance forward on Solana.
- Industry
- Technology, Information and Internet
- Location
- Austin, US
- Company size
- 11 employees
Forward Industries, Inc. is building and managing the world’s largest Solana treasury. Our strategy centers on acquiring SOL and deploying it through onchain opportunities including staking, lending, and DeFi participation to generate revenue that will be used to acquire additional SOL and grow mNAV. Solana is uniquely positioned as the only blockchain producing meaningful free cashflow from real economic activity and fee-paying users. That foundation provides Forward Industries with the ability to deliver onchain yield and long-term shareholder value while scaling exposure to the ecosystem’s growth.