Nasdaq-listed Forward Industries established a crypto advisory board with 25 leaders to lead its new Solana-focused corporate treasury strategy.
Forward Industries (ticker FORD) is now a Nasdaq-listed company. The company has announced that it is setting up a new company cryptocurrency advisory board. This strategic group consists of 25 members from different financial sectors. The board wants to successfully guide the company’s new Solana-based corporate treasury.
Industry leaders join forces to drive Solana’s Treasury strategy
The new board is particularly cross-functional in composition. These include the Solana ecosystem and decentralized finance (DeFi). Moreover, traditional financial leaders are now also sharing their expertise. So the experience is an extensive experience with digital assets.
In fact, the list of advisors consists of very prominent industry figures. For example, it has Helium founder Amir Haleem and Backpack CEO Armani Ferrante. In addition, Drift Labs co-founder Cindy Leow joined the board. These leaders have deep knowledge of the Solana community.
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Moreover, the board values ​​regular financial skills in a significant way. Notably, Superstate CEO Robert Leshner and Gauntlet founder Tarun Chitra are members. In addition, Galaxy Digital executives Harry Austin and Michael Marcantonio also joined. This combination underlines the company’s strategic emphasis on institutionalizing its crypto holdings.
At the same time, Forward Industries also confirmed its management and governance team. This also shows that the company is strongly committed to growth. The company is still developing what it wants to become the world’s largest Solana Treasury Company.
In addition, Chairman Kyle Samani provides overall leadership of the company. His strategic vision has been crucial in shaping the company’s treasury strategy, which focuses on Solana. The company wants to aggressively build SOL tokens over time.
Corporate Treasury focuses on increasing the SOL per share measure
The company is also supported by Board Observers. These include Saurabh Sharma and Chris Ferraro. This gives them extensive knowledge in important areas. In particular, they have knowledge of financial management and digital assets. In addition, they have useful experience in the capital markets.
This strategy was first applied for Forward Industries in September 2025. The emphasis is mainly on a strategic purchase of SOL tokens. In addition, the company aims to increase its SOL per share metric through disciplined treasury management. This orientation indicates a high degree of attention to shareholder value.
As such, the company says its strategy is well supported by strong institutional support. This includes major investors such as Milky Way digital and JumpCrypt. Multicoin Capital ondersteunt ook het ambitieuze initiatief. This institutional trust is a strong confirmation of the company’s chosen direction.
In the meantime, creating such an advisory board is the most important step. It gives the company access to the best information available today. It also provides the necessary regulatory and technical advice. It is therefore an essential step in the successful implementation of their large-scale Solana treasury strategy.
Finally, Forward Industries’ creation of an advisory board focused on Solana represents a strong indication of its commitment to the industrialization of digital assets. With key industry names and investors backing the initiative, the company is well on its way to strengthening its board, expanding Solana’s holdings and maximizing long-term shareholder value.
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