Kyle Samani says Solana was the 'always the answer' for new crypto treasury venture [Yahoo! Finance]
Forward Industries, Inc. (FORD)
US:NASDAQ Investor Relations:
forwardindustries.com
Company Research
Source: Yahoo! Finance
company was driven by conviction, and a little push from the United States Securities and Exchange Commission (SEC). “There was never really a question for us of whether we're going to do a digital asset treasury (DAT), what asset to do. Solana was always the answer,” Samani told TheStreet Roundtable host Scott Melker. “We've been investors in Solana since day one. We've doubled down on Solana repeatedly over the years.” Samani said the new firm, Forward Industries, represents another step in Multicoin's long-term bet on the Solana (SOL) ecosystem. But the timing, he added, was influenced by a key policy speech. Founded in 2017, Multicoin Capital is a Texas-based crypto investment firm known for early bets on Solana (SOL) and The Graph (GRT). The firm manages venture and hedge funds focused on decentralized protocols, Web3 infrastructure and blockchain scalability. Recently, it launched Forward Industries, a Solana-native digital asset treasury company designed to bring tradit
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News
- Largest Corporate Solana Holder Transfers 1.8 Million SOL To Coinbase—Is a Sell-Off Coming? [Yahoo! Finance]Yahoo! Finance
- BitMine Names New CEO Amid Rapid Growth of Its $11B Ether Stack [Yahoo! Finance]Yahoo! Finance
- Forward Industries Announces NASDAQ Ticker Symbol Change to ‘FWDI’ Effective November 17, 2025Business Wire
- Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering [Yahoo! Finance]Yahoo! Finance
- Solana Treasury Firm Forward Industries Files Prospectus and Approves $1B Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
FORD
Sec Filings
- 12/5/25 - Form 8-K
- 11/14/25 - Form 8-K
- 11/14/25 - Form 424B5
- FORD's page on the SEC website