Forward Industries Secures $1.65 Billion in Post-IPO Financing on September 11, 2025
According to industry sources, Forward Industries secured $1.65 billion in post-IPO financing on September 11, 2025. Investors participating in this round include Galaxy Digital, Multicoin Capital, Jump Crypto, Kyle Samani, and C/M Capital Partners. Following this transaction, Forward Industries' total cumulative funding has reached $1.65 billion.Forward Industries (Nasdaq: FORD) is an innovative enterprise specializing in delivering product design, manufacturing, sourcing, and distribution services to leading global companies. Its operations span the entire value chain, from concept design to global supply chain logistics. Notably, the company is undergoing a transformation to become a key participant within the Solana ecosystem.Public disclosures indicate that after completing this financing, Forward Industries quickly initiated a series of strategic moves: on September 15, 2025, the company acquired SOL tokens valued at $1.5 billion, bringing its total assets to $1.6 billion; subsequently, on September 22, it registered equity through the Superstate platform; and on October 7, it launched an institutional-grade validator node on the Solana blockchain. Additionally, on October 15, the company transferred 250,000 SOL to market maker Galaxy Digital, further expanding its footprint in the cryptocurrency sector.These developments demonstrate Forward Industries’ proactive embrace of blockchain technology and its commitment to establishing a significant presence in the Solana ecosystem. This not only reflects traditional publicly listed companies’ recognition of blockchain technology but also injects new momentum into the broader industry’s development.
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