Nasdaq-listed Forward Industries established a crypto advisory board with 25 leaders to guide its new, Solana-focused corporate treasury strategy.
Forward Industries (ticker FORD) is a Nasdaq-listed company now. The company has announced setting up a new crypto advisory board. This strategic group consists of 25 members who come from different financial sectors. The board wants to successfully guide the company’s new Solana-based corporate treasury.
Industry Leaders Join to Steer Solana Treasury Strategy
In particular, the new board is cross-functional in its make-up. These include the Solana ecosystem and decentralized finance (DeFi). Moreover, now traditional finance leaders are also sharing their expertise. Thus, the experience is a comprehensive digital asset experience.
In fact, the list of advisors consists of highly prominent industry figures. For example, it has the Helium founder Amir Haleem and Backpack CEO Armani Ferrante. Additionally, the Drift Labs co-founder, Cindy Leow, joined the board. These leaders have in-depth knowledge of the Solana community.
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In addition, the board appreciates mainstream finance skills in a significant manner. In particular, Superstate CEO Robert Leshner and Gauntlet founder Tarun Chitra are members. Moreover, Harry Austin and Michael Marcantonio, Galaxy Digital’s executives, also became members. This combination underscores the strategic emphasis of the firm on the institutionalization of 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 firm is still in the process of developing what it hopes to be the world’s largest Solana Treasury Company.
In addition, Chairman Kyle Samani provides overall leadership to the company. His strategic vision has been pivotal in shaping the company’s treasury strategy, which is focused on Solana. The firm wants to aggressively build SOL tokens over time.
Corporate Treasury Focuses on Increasing SOL-Per-Share Metric
In addition, the company is supported by Board Observers. These include Saurabh Sharma and Chris Ferraro. As a result, they have extensive knowledge of key areas. Specifically, they know about financial management and digital assets. Additionally, they have useful experience in capital markets.
This strategy was first used for Forward Industries in September of 2025. The main emphasis is on a strategic purchase of SOL tokens. Moreover, through disciplined treasury management, the firm is targeting to raise the SOL-per-share metric. This orientation suggests a high level of attention to shareholder value.
As such, the company says its strategy is well supported by strong institutional support. This includes big investors such as Galaxy Digital and Jump Crypto. Multicoin Capital is also supporting the ambitious initiative. This institutional trust is a strong confirmation of the chosen direction of the firm.
Meanwhile, creating such an advisory board is the all-important step. It gives the company access to the best intelligence available today. It also offers the necessary regulatory and technical advice. Thus, it is an essential move in successfully implementing their grand-scale Solana treasury strategy.
Finally, Forward Industries’ creation of an advisory board focused on Solana represents a strong indication of its institutionalization commitment towards digital assets. With key industry names and investors supporting the initiative, the company is well on its way to bolstering governance, broadening Solana holdings and optimizing long-term shareholder value.
