I'm a long-term believer in Solana, says Forward Industries' Kyle Samani

Company Strategy & Investment - Forward Industries intends to leverage Solana's native yield and DeFi ecosystem to drive shareholder value [3] - Forward Industries is tokenizing its own equity natively on the Solana blockchain with partner Superstate, allowing users to hold FORD shares in their Solana wallet [6] - Multicoin Capital aims to transform Forward Industries into a $50 billion+ publicly traded permanent capital vehicle in the crypto space over the next 5 to 10 years [13] Solana & Market Dynamics - Solana ETFs are expected in the coming weeks [5] - Solana is often compared to Ethereum due to their competitive nature [10] - Regulatory tailwinds, including the Genius Act, Project Crypto, and the Clarity Act, are seen as major positives for Solana [11] Financial Details - Forward Industries completed a $1.65 billion pipe transaction [10] - Multicoin Capital led Solana's seed round at 4 cents in early 2018 [4] - Forward Industries' market cap is in the $50-60 million range [8]