Kyle Samani Invests $25 Million in Forward Industries' Solana Strategy

Key Points:* Forward Industries receives a $1.65 billion infusion, with Kyle Samani investing $25 million and assuming chairmanship.

• Emphasizing Solana as a core asset, Forward aims to spearhead blockchain-native treasury strategies among public companies.
• Rapid market response as Forward Industries’ stock increases by 72.84%. Multicoin Capital co-founder Kyle Samani invests an additional $25 million in Forward Industries, now chairing its board following a $1.65 billion financing round.

This investment showcases Forward’s pivotal shift towards a Solana-centric treasury strategy, significantly impacting SOL’s market dynamics, institutional adoption, and Forward’s corporate trajectory.

Forward Industries’ $1.65 Billion Financing Shift

Forward Industries secured a $1.65 billion PIPE financing round led by Multicoin Capital, Jump Crypto, and Galaxy Digital. Co-founder Kyle Samani personally invested $25 million, while also joining as the Chairman. This investment reflects a significant focus on Solana.

With this round, the company shifts its strategy, prioritizing the acquisition of SOL tokens using the funds, paving the way for a Solana-native treasury. Analysts view the move as a bold step mimicking similar strategies in the Bitcoin domain.

“Today’s milestone underscores our belief among leading institutional investors that Solana belongs at the center of global capital markets. With the support of Galaxy, Jump Crypto, and Multicoin, I believe Forward Industries is uniquely positioned to accelerate this future. Leveraging our combined team’s experience investing and innovating across the Solana ecosystem, our goal is to deliver strong value for our shareholders.” – Kyle Samani, Chairman, Forward Industries

Market reactions were swift, with Forward Industries’ stock rising over 72%. The announcement received considerable interest from prominent industry figures, signaling a renewed focus on Solana’s potential in institutional circles.

Solana’s Treasury Strategy Echoes Bitcoin Approach

Did you know? Forward Industries’ strategy echoes MicroStrategy’s bold Bitcoin treasury approach, marking a pivotal moment for Solana’s integration into public markets.

Based on CoinMarketCap data, Uniswap (UNI) trades at $9.97 with a market cap of $6.28 billion. Over the past 90 days, its price has increased by 36.52%. The daily trading volume stood at $361.63 million, a 7.74% change.

Uniswap(UNI), daily chart, screenshot on CoinMarketCap at 10:43 UTC on September 12, 2025. Source: CoinMarketCap The Coincu research team foresees expansions in Solana-related institutional strategies alongside potential regulatory discussions due to this significant financial maneuver. Historical trends suggest enhanced investor confidence in Solana-centric treasury models.

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