Forward Industries Engages IBN to Enhance Corporate Communications Strategy for Solana Treasury Operations

Forward Industries, Inc. (NASDAQ: FORD) has engaged IBN, a multifaceted financial news and publishing firm, to enhance its corporate communications strategy as the company solidifies its position as a leading Solana treasury entity. The company manages one of the largest Solana (SOL) treasuries among public firms, holding over 6.87 million SOL as of October 15, 2025, representing a deployment of approximately $1.59 billion into SOL at a net cost of $232.08 per token. This substantial treasury position underscores the company's strategic commitment to the Solana ecosystem and digital asset management.

Nearly all of Forward Industries' SOL holdings are staked through native Solana infrastructure, generating significant daily revenue through an institutional-grade validator operated in partnership with DoubleZero. The staking arrangement delivers a 7.01% gross annual percentage yield, producing over 1,000 SOL in daily revenue. This revenue-generating strategy demonstrates the company's sophisticated approach to treasury management and its ability to leverage blockchain technology for financial returns. The company's operations are supported by prominent industry investors including Multicoin Capital, Galaxy Digital and Jump Crypto, providing additional credibility and resources for its treasury initiatives.

In a significant development for traditional finance integration with blockchain technology, Forward Industries is tokenizing its common stock on Solana through a partnership with Superstate. This initiative will enable 24/7 trading and real-time settlement of the company's stock, representing a pioneering step in bridging traditional equity markets with blockchain infrastructure. The tokenization effort positions Forward Industries as an institutional gateway to the Solana ecosystem, potentially setting a precedent for other public companies considering similar blockchain integration strategies. For more information about Forward Industries' corporate developments, investors can visit https://ibn.fm/FORD.

The engagement with IBN will support Forward Industries' communication efforts regarding its Solana treasury strategy and corporate developments. IBN provides comprehensive financial news distribution services through its Dynamic Brand Portfolio, including access to wire solutions via InvestorWire to efficiently reach target markets, article syndication to over 5,000 outlets, enhanced press release services, and social media distribution to millions of followers. Additional details about IBN's financial news services are available at https://www.CurrencyNewsWire.com. This corporate communications partnership comes as Forward Industries continues to execute its Solana treasury strategy initiated in September 2025, dedicated to acquiring SOL and increasing SOL-per-share through bespoke strategies and active management of the company's treasury assets.