Forward Ind is a Nasdaq-listed digital-asset treasury company that holds SOL as its primary reserve asset, trading under the ticker FWDI. Forward Ind's Twitter Score is 92 out of 1000 (a Good rating) as of August 2026, ranking #8,131 (top 5%) among 483,944 tracked accounts.
Forward Ind, formally known as Forward Industries, Inc., launched its digital-asset treasury strategy in September 2025, adopting SOL as its core treasury reserve. That same month, a PIPE backed by Galaxy Digital, Jump Crypto, and Multicoin Capital closed with approximately $1.65 billion in gross proceeds, capital directed primarily toward purchasing SOL and establishing cryptocurrency treasury operations. The company changed its Nasdaq ticker from FORD to FWDI in November 2025 to better reflect its Solana-focused identity.
Forward Ind has built a substantial SOL position since inception. As of December 31, 2025, the company reported holdings of 6,962,501 SOL in liquid assets, with 112,171 SOL earned through staking rewards, approximately $25.4 million in cash, and no institutional debt. By March 18, 2026, following an agreed share repurchase, that SOL position had grown to 7,013,536 SOL. Forward Ind reported a $585.6 million net loss for its fiscal first quarter of 2026, compared with a $0.7 million net loss in the prior-year period, reflecting the scale of its treasury buildout. Galaxy Digital Capital Management LP serves as the company's asset manager.
Forward Ind maintains affiliations with several protocols and infrastructure projects within the Solana ecosystem, including DoubleZero, Superstate, Kamino, and Pyth Network. Forward Ind has published 1,124 posts and has been mentioned by 79 accounts a total of 138 times. Forward Ind's portfolio includes OnRe.
Who follows Forward Ind on X?
The accounts that follow Forward Ind include 290 founders, 99 angel investors, 107 influencers and 5 VCs. Among the most notable followers are Ansem, Solana, Toly, Laura Shin, Kyle Samani and Mert.