PANews reported on February 8th that, according to Coindesk, Ryan Navi, Chief Information Officer of SOL Treasury Forward Industries (FWDI), stated that the company has no debt and no leverage. Market volatility has created opportunities for the company to integrate weaker digital asset fund management companies, while also helping the company build a long-term, permanent capital model.

Forward Industries (FWDI) has nearly 7 million Solana tokens, making it the most well-funded publicly traded Solana company, exceeding the combined size of its three competitors.