NASDAQ-Listed Forward Industries Launches Institutional-Grade Solana (SOL) Validation Node, Stakes Entire SOL Treasury

COINOTAG reported on October 8 that NASDAQ-listed Forward Industries has deployed an institutional-grade validation node on the Solana blockchain. The validator is positioned to enable ecosystem participants to directly delegate SOL to Forward Industries for on-chain staking and validator services, supporting transparent delegation and operational governance. According to the report, the company has also staked its entire on‑balance-sheet SOL treasury to the new node, aligning its operational holdings with the validator it operates. Market participants should view this as an infrastructure and custody update rather than a commentary on future staking returns or protocol performance.