Solana Treasury Forward Industries Secures Russell 2000 Inclusion
Forward Industries, the largest treasury holder of Solana (SOL), has announced that it’s set to join the Russell 2000 and 3000 indexes. Forward Industries To Be Included In Russell 2000 From June 29th According to a press release, Forward Industries is joining the Russell 2000 and 3000 indexes. The publicly traded company has historically focused […]
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Forward Industries has commenced its Solana treasury strategy with an acquisition of more than 6.8 million SOL, backed by major industry players. Galaxy, Multicoin, & Jump Back Forward’s Solana Treasury According to a press release, Forward Industries has completed its initial liquid Solana purchases totaling 6,822,000 SOL for its treasury strategy. The tokens cost the […]
A crypto analyst has drawn a striking comparison between XRP and the Russell 2000 index, a US stock market index that tracks the performance of smaller publicly traded companies. Based on the similarities found between the two assets, the analyst has suggested that the altcoin could be setting up for an explosive move into price […]
Notable attention and interest are currently being directed to the Solana blockchain following the introduction of the SOL treasury reserves, which have seen persistent growth. While the SOL blockchain continues to demonstrate its dominance, Forward Industries is about to launch its tokenized shares using the network. FORD Tokenized Shares Coming To The Solana Blockchain Institutions […]
Forward Industries, known for making protective casing for medical devices, has announced a massive $1.65B private placement to go big on Solana ($SOL). Backed by big names like Galaxy Digital and Multicoin Capital, the move shows tremendous institutional confidence in Solana’s future. Forward Industries’ stocks shot up by 6% right after the announcement and have […]
A $1.65 billion war chest for Solana is now live in public markets. Forward Industries (NASDAQ: FORD) closed one of the largest PIPE financings in crypto to date—funded entirely in cash and stablecoins—to establish what sponsors call “the world’s largest Solana digital asset treasury strategy,” with proceeds earmarked primarily to purchase SOL and then actively […]