Forward Industries Partners with Sanctum to Launch fwdSOL Liquid Staking Token

Dec 2, 2025 4:05 PM Eastern Standard Time Through the partnership, SOL delegated by Forward Industries to Sanctum will be represented by approximately 1,725,100 fwdSOL, corresponding to 25% of the Company's SOL holdings. By converting staked SOL into fwdSOL, Forward Industries can continue earning native staking yield while deploying the LST across a range of on-chain opportunities to enhance performance. These include using fwdSOL as collateral to borrow assets, which can then be allocated into vetted DeFi ...