Forward Industries, Inc. (NASDAQ: FWDI), a leading Solana treasury company, has announced the appointment of Michael Ashe to its board of directors, effective immediately. Ashe, who previously served as a board observer, is the chief strategy officer at Galaxy Digital and brings extensive leadership experience in strategy, corporate development, and investment banking from Galaxy Digital, Oppenheimer & Co. Inc., and Citi.
Chairman Kyle Samani expressed confidence in Ashe's expertise, stating that his appointment reflects the board's commitment to expanding the company's Solana treasury strategy. Forward Industries focuses on buying, holding, staking, trading, and investing in SOL and SOL-related digital assets, protocols, and businesses, aiming to strengthen the Solana ecosystem.
The company launched its digital asset treasury strategy in September 2025 through a private placement transaction supported by industry leaders including Galaxy Digital and Jump Crypto. Ashe's appointment is expected to provide strategic guidance as Forward Industries continues to grow its Solana-focused operations.
For more details on the announcement, visit https://ibn.fm/7NzLC. Additional information about Forward Industries' Solana treasury strategy is available at forwardindustries.com.
