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Forward Industries Closes $1.65B Deal to Build Solana Treasury, Shares Jump 15% Pre-Market

Forward Industries Closes $1.65B Deal to Build Solana Treasury, Shares Jump 15% Pre-Market

Author:
Coindesk
Published:
2025-09-11 10:40:18
8
3

Forward Industries Closes $1.65B Deal to Build Solana Treasury, Shares Jump 15% Pre-Market

Corporate adoption hits warp speed as legacy finance finally wakes up to crypto's potential.

Massive Treasury Move

Forward Industries just dropped a billion-dollar bet on Solana—$1.65 billion to be exact. Pre-market shares surged 15% as investors cheered the bold pivot into digital assets.

Why Solana?

Blazing transaction speeds and rock-bottom fees made SOL the obvious choice. Traditional treasury management looks downright archaic next to blockchain efficiency.

Market Impact

This isn't just a corporate treasury play—it's a validation of crypto's institutional future. Expect more blue-chips to follow suit once they realize holding cash is basically setting money on fire.

Wall Street's playing catch-up while the smart money builds on-chain. Typical.

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