[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.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
ZenZKPlayer
· 6h ago
6.9 million SOL all staked on a validator—this guy really isn’t afraid of getting burned...
View OriginalReply0
ShibaSunglasses
· 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.
View OriginalReply0
ValidatorViking
· 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.
Reply0
NonFungibleDegen
· 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
Reply0
FantasyGuardian
· 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?
View OriginalReply0
StakeTillRetire
· 18h ago
6.9 million SOL all in? This rhythm is real, but I'm just afraid that SOL will fall later...
Forward Industries bets big on Solana: 6.9 million SOL fully invested in validator operations
[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.