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Forward Industries bets big on Solana: 6.9 million SOL fully invested in validator operations

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[Coin World] Forward Industries' operation is quite aggressive—they have accumulated over 6.9 million SOL, with an average purchase price of $232.08 per coin. What’s more aggressive is that they basically threw all these coins into their own validators, achieving an annual yield that stabilizes between 6.82% and 7.01%.

The funding situation is also very solid. First, they raised $1.65 billion in private placements, and then prepared a $4 billion market issuance quota. They also partnered with Superstate to explore a new model of on-chain equity, while launching their own liquid staking token fwdSOL. With zero liabilities on the books and $30 million in operating funds, the financial situation is quite healthy.

This method of directly converting traditional enterprise assets into validator nodes serves as a practical case for institutions to enter the Solana ecosystem. After all, being able to achieve both scaled staking and maintain liquidity does present a bit of a barrier in the current market environment.

SOL1.29%
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ZenZKPlayervip
· 6h ago
6.9 million SOL all staked on a validator—this guy really isn’t afraid of getting burned...
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ShibaSunglassesvip
· 13h ago
A validator staking 6.9 million SOL? This guy really dares to play big, but I wonder what would happen if something unexpected comes up in the middle.
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ValidatorVikingvip
· 18h ago
all in on validator infrastructure... but ngl, that 6.82% yield feels like they're sleeping on real slashing risk. solana's consensus finality ain't exactly battle-tested like ethereum's been through hell. 690M SOL concentrated in one operator? that's a fork readiness nightmare waiting to happen, fr.
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NonFungibleDegenvip
· 18h ago
ngl this is either genius or they're about to get absolutely rekt... 6.9M SOL at $232 entry is ballsy as hell ser, prob nothing tho
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FantasyGuardianvip
· 18h ago
6.9 million SOL all smashed the validator, this guy is really bold, isn't he afraid of a big dump in SOL?
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StakeTillRetirevip
· 18h ago
6.9 million SOL all in? This rhythm is real, but I'm just afraid that SOL will fall later...
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