Golden Finance reports that Forward Industries (FWDI), a Solana treasury company, announced the issuance of its SEC-registered stock on the Solana blockchain through Superstate’s Opening Bell platform, becoming a publicly listed company equity that can be directly used in DeFi. The company holds approximately 6.8 million SOL, with a net asset value of about $832 million, surpassing the combined scale of the three subsequent Solana digital asset treasuries. The tokenized FWDI adopts Solana’s SPL standard, allowing extensive integration within the Solana DeFi ecosystem, and has been supported as collateral in the Kamino lending protocol, utilizing Pyth’s real-time price oracle to enable stablecoin lending.
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