Forward Industries launches institutional-grade validator nodes on the Solana chain and stakes all SOL holdings

according to Businesswire, Nasdaq-listed SOL treasury company Forward Industries announced that its institutional-grade validator node developed in collaboration with Galaxy has been launched on the Solana blockchain. This node is supported by DoubleZero, allowing ecosystem participants to directly delegate their SOL staking to Forward Industries.

Forward Industries stated that it has currently staked all of its held SOL on the validator node, with public information showing that the company's SOL holdings are approximately 6.822 million coins.