Topic Archive

#Forward Industries

2 Stories Found

Coins•14h ago

Forward Industries’ Solana Reserve Hits 8.7M SOL Tokens

Key Highlights: Forward Industries secured a $50 million, two-year credit facility backed by staked Solana ($SOL) at an interest rate of SOFR plus 150 basis points. The company pledged up to $50 million to USHP—a tokenized real estate product tracking U.S. housing prices—receiving an equity stake in Index Industries and planning to route returns into ...

5 min readRead

Coins•20h ago

Forward Industries Acquires 226K SOL and Secures $50 Million Credit Line

Key Highlights: Forward Industries increased its Solana treasury by roughly 226,000 SOL since the end of September through open-market purchases and staking yields. The firm’s total reserves have reached approximately 8.7 million SOL (worth roughly $726.5 million), representing about 1.5% of Solana’s circulating supply. To fuel ongoing growth, an unnamed U.S. national bank granted the ...

4 min readRead