Forward Industries has announced that it now holds 6.92 million SOL tokens, marking a significant investment in the Solana ecosystem. In addition to this acquisition, the company has introduced its own liquidity staking token, fwdSOL, aimed at enhancing its staking capabilities and providing new opportunities for investors.
The launch of fwdSOL is part of Forward Industries' strategy to leverage its substantial SOL holdings by offering a staking solution that could attract more participants to the Solana network. This move underscores the company's commitment to expanding its presence in the cryptocurrency market.
Forward Industries Acquires 6.92M SOL, Launches fwdSOL Staking Token
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