Solana treasury Forward Industries will implement equity on-chain through the Superstate platform

ChainCatcher news, according to The Block, Solana's largest digital asset treasury Forward Industries announced that it will tokenize its FORD stock on-chain through Superstate's Opening Bell platform.

Forward, supported by Galaxy Digital, Jump Crypto, and Multicoin Capital, has completed a $1.65 billion private fundraising. Forward will collaborate with Solana ecosystem lending protocols Drift, Kamino, and Jupiter Lend, with the FORD token serving as a new collateral option. Forward also plans to hold equity in Superstate to promote product development for both parties.