Solana Vault Forward Industries to On-Chain Equity via Superstate Platform

PANews reported on September 23rd that Forward Industries, Solana's largest digital asset vault, announced it will tokenize its FORD shares on-chain through Superstate's Opening Bell platform. Forward, backed by Galaxy Digital, Jump Crypto, and Multicoin Capital, previously raised $1.65 billion in a private placement in September . Forward will partner with Solana ecosystem lending protocols Drift, Kamino, and Jupiter Lend, with FORD tokens becoming a new collateral option. Forward also plans to take an equity stake in Superstate to drive product development for both parties.

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