X @BSCN

Funding and Investment - Forward Industries secured $165 billion in private funding, positioning itself as a significant institutional player in the Solana ecosystem [1] - The funding included a mix of cash and stablecoins, backed by firms like Galaxy Digital, Jump Crypto, and Multicoin Capital [1] - Multicoin Capital deepens its commitment to Solana, with co-founder Kyle Samani appointed Chairman of the Board of Forward Industries [3] Strategic Shift - Forward Industries plans to build the largest corporate Solana treasury to date, mirroring MicroStrategy's Bitcoin strategy [2] - The company's CEO, Michael Pruitt, expresses conviction in Solana's long-term potential and commitment to building shareholder value through direct participation in its growth [2] Solana Ecosystem - Galaxy Digital will provide trading, staking, lending, and risk management support for Forward Industries' Solana treasury [2] - Jump Crypto, building Firedancer, will enhance Solana's network performance and resilience [3] - Solana processed nearly 9 billion transactions in Q2 2025 and onboarded over 7,500 developers in 2024 alone [3] Market Trend - Public companies are increasingly building digital asset treasuries, with Sharp Technology, DeFi Development, and Upexi collectively holding over $145 billion in SOL [4]