# Forward Industries

> The World's Leading Solana Treasury Company

Forward Industries manages a digital asset treasury focused on acquiring and deploying Solana through staking, lending, and DeFi participation to generate yield and increase SOL holdings per share.

Forward Industries operates a Solana-focused treasury management strategy. The company acquires SOL and deploys it through onchain opportunities including staking, lending, and DeFi participation to generate revenue used to acquire additional SOL. In September 2025, Forward Industries pivoted from 60 years of manufacturing operations to focus exclusively on building the largest publicly-traded Solana treasury.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 1961-01-01
- Profile: https://thegrid.id/profiles/forward_industries

## Products

- [Solana Treasury Strategy](https://thegrid.id/profiles/forward_industries): Solana Treasury Strategy acquires and actively manages SOL holdings through institutional-grade staking infrastructure, DeFi protocols, and liquid staking mechanisms. The strategy deploys capital through validator operations, lending protocols, and collateralized borrowing to generate yield while maintaining liquidity. Operations include running a Solana validator on DoubleZero infrastructure using Jump Crypto's Firedancer client, liquid staking through Sanctum's fwdSOL token, and strategic DeFi participation with institutional partners including Galaxy Digital, Jump Crypto, and Multicoin Capital. (Managed Fund, Live, Main Product)

## Assets

- [fwdSOL (fwdSOL)](https://thegrid.id/profiles/forward_industries): fwdSOL is a liquid staking token representing staked SOL delegated by Forward Industries through Sanctum. It is used to earn native staking yield while being deployed as collateral to borrow assets for DeFi protocols or revenue-generating strategies. Sanctum's Staking-as-a-Service infrastructure provides turnkey staking, liquidity, and operational support, allowing fwdSOL holders to maintain liquidity and access additional yield opportunities beyond passive staking. (Liquid Staking Tokens (LSTs))

## Links

- [Main](https://www.forwardindustries.com)
- [Blog](https://forwardindustries.beehiiv.com)
- [Privacy policy](https://www.forwardindustries.com/privacy-policy)
- [Twitter / X](https://x.com/FWDind)
- [LinkedIn](https://linkedin.com/company/forwardindustries)

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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

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- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
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- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
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- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP