Forward Industries Builds 25-Member Crypto Board to Expand Solana Treasury

Forward Industries, Inc. (NASDAQ: FORD) has taken another major step in its Solana-focused journey by creating a Crypto Advisory Board to guide its expanding digital asset ￰0￱ company, now widely recognized as a leading Solana treasury firm, has appointed 25 industry veterans from across the blockchain, DeFi, and financial ￰1￱ move signals Forward’s intent to deepen its influence within the Solana ecosystem and position itself at the forefront of institutional Solana ￰2￱ Solana’s Position in Global Capital Markets The newly formed Advisory Board includes prominent figures such as Helium founder Amir Haleem, Backpack CEO Armani Ferrante, Drift Labs co-founder Cindy Leow, Superstate CEO Robert Leshner, and Gauntlet founder Tarun ￰3￱ from Galaxy Digital, Harry Austin and Michael Marcantonio, have also joined the ￰4￱ inclusion demonstrates growing institutional confidence in Solana’s long-term potential within capital ￰5￱ Industries’ Chairman, Kyle Samani, has been instrumental in shaping the firm’s Solana-focused treasury ￰6￱ company aims to build sustainable shareholder value by expanding SOL per share while leveraging Solana’s technical advantages, including scalability and low-cost transactions.

Furthermore, Forward may broaden its advisory team to include leaders from finance, technology, and blockchain research, reinforcing its ambition to become the world’s largest Solana treasury ￰7￱ Expansion and Treasury Growth In recent weeks, Forward Industries attracted attention after purchasing approximately 6.8 million SOL worth around $1.6 ￰8￱ company also filed a $4 billion at-the-market equity offering to fund additional Solana ￰9￱ bold investments have been endorsed by the Solana Foundation, alongside Galaxy Digital, Jump Crypto, and Multicoin ￰10￱ foundation’s backing highlights Solana’s expanding role in corporate treasury programs as blockchain-based balance sheet strategies gain ￰11￱ capital accumulation, Forward’s move illustrates a broader shift among Nasdaq-listed companies integrating blockchain assets into traditional treasury models.

Consequently, Forward’s initiative may set a precedent for future public firms exploring Solana as a reserve ￰12￱ Price Shows Near-Term Weakness Despite these institutional developments, Solana’s market performance remains under ￰13￱ token trades near $179.58 , marking a 6.4% daily decline and a 7.7% weekly drop.