- 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.
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: CoinMarketCapThe 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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Source: https://coincu.com/news/samani-solana-investment/
