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FAQ: Forward Industries Inc. (FWDI) SOL Treasury Holdings Update
TL;DR
Forward Industries holds over 6.97 million SOL and achieves a 6.73% gross APY from staking, offering investors a competitive edge in Solana treasury management.
Forward Industries stakes nearly all its SOL holdings, maintains zero corporate debt, and tests a PropAMM on Solana to methodically grow its treasury and infrastructure.
Forward Industries' Solana strategy and SEC-registered shares on blockchain enhance financial transparency and accessibility, potentially making investment more secure and inclusive for the future.
Forward Industries is testing a PropAMM on Solana, a novel approach that could reshape automated market making and treasury operations in the crypto space.
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Forward Industries announced that its SOL treasury holdings now total over 6.97 million SOL, with nearly all holdings staked, and provided updates on its SOL strategy, staking rewards, partnerships, and operational highlights.
The company holds over 6.97 million SOL in its treasury.
The company's validator infrastructure has generated 6.73% gross APY before fees, outperforming many top peer validators.
The company announced that SEC-registered shares are live on the Solana blockchain and that it is testing a PropAMM on Solana.
The company maintains sufficient operating capital and has zero corporate debt.
The latest news and updates are available in the company's newsroom at https://ibn.fm/FWDI.
CryptoCurrencyWire is a specialized communications platform focusing on blockchain and cryptocurrency that published this announcement, providing distribution through its network of wire solutions, syndication partners, and social media channels.
The strategy demonstrates the company's commitment to leveraging Solana blockchain technology, generating staking rewards, and exploring innovative applications like SEC-registered shares and PropAMM testing on the network.
Curated from InvestorBrandNetwork (IBN)
