Forward Industries Forms 25-Member Crypto Advisory Board

Forward Industries, traditionally known for serving top-tier medical and technology companies with product design and development, is undergoing a significant transformation. In September 2025, the company initiated a Solana treasury strategy dedicated to acquiring SOL tokens and increasing SOL-per-share through bespoke strategies and active management. This represents a substantial shift for a publicly-traded company with decades of operating history in traditional manufacturing and design sectors.

The establishment of the 25-member Crypto Advisory Board marks the latest step in Forward Industries’ digital asset evolution. The board members bring extensive experience across the Solana ecosystem, digital assets, capital markets, and financial services, positioning the company to navigate the complex landscape of cryptocurrency treasury management. This move demonstrates how traditional publicly-traded companies are increasingly embracing blockchain technology and digital asset strategies.

Forward Industries’ Solana treasury strategy has attracted support from some of the most prominent names in the cryptocurrency investment space. The company’s initiative is backed by Galaxy Digital, Jump Crypto, and Multicoin Capital – three firms with established track records in blockchain investing and ecosystem development. This level of institutional support provides significant credibility to Forward Industries’ digital asset ambitions.

The involvement of these major crypto investors suggests confidence in both Forward Industries’ strategic direction and the long-term potential of the Solana ecosystem. For a NASDAQ-listed company like FORD, having such established partners provides not only strategic guidance but also access to deep industry networks and technical expertise that will be crucial for successfully implementing and scaling their digital asset treasury operations.

Forward Industries’ move represents a growing trend of public companies incorporating digital assets into their treasury management strategies. The specific focus on increasing SOL-per-share through active management indicates a sophisticated approach that goes beyond simple cryptocurrency acquisition. This strategy aims to create shareholder value through strategic treasury management in the digital asset space.

The formation of a dedicated Crypto Advisory Board with 25 inaugural members underscores the company’s commitment to building institutional knowledge and governance around its digital asset initiatives. This structured approach to blockchain adoption contrasts with earlier corporate forays into cryptocurrency, which often lacked the same level of strategic planning and expert oversight. Forward Industries appears to be building a comprehensive framework for its digital asset operations rather than making a speculative bet.

As the company expands its broader blockchain initiatives beyond treasury management, the advisory board’s expertise across the Solana ecosystem will become increasingly valuable. The move positions Forward Industries at the intersection of traditional corporate finance and emerging digital asset strategies, potentially creating a new model for how established public companies can integrate blockchain technology into their core operations.