Cryptonewsbreaks Forward Industries, Inc. (NASDAQ: FORD) Secures $1.65 Billion PIPE To Launch Solana-Focused Digital Asset Treasury Strategy

(MENAFN- Investor Brand Network) Forward Industries (NASDAQ: FORD) announced $1.65 billion in cash and stablecoin commitments for a private investment in public equity offering led by Galaxy Digital (NASDAQ: GLXY), Jump Crypto, and Multicoin Capital to initiate a Solana-focused digital asset treasury strategy. C/M Capital Partners, LP, one of the Company's largest shareholders, also participated. The sponsors will provide both capital and strategic support to position Forward Industries as the leading publicly traded institutional participant in the Solana ecosystem, leveraging Galaxy's institutional platform, Jump Crypto's infrastructure expertise, and Multicoin's deep investment history in Solana projects.

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About Forward Industries, Inc.

Forward Industries, Inc. (NASDAQ: FORD) is a global design company serving top tier medical and technology companies. For over 60 years the company has been successful in developing and producing a portfolio of outstanding products for some of the world's leading companies and brands.

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