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treasury firm, Forward Industries (ticker FWDI), is finally issuing its stock onchain via a blockchain-native tokenization platform.

As of Thursday, Forward’s “SEC-registered shares are now live on the Solana blockchain through Superstate’s Opening Bell platform, marking the first time a public company’s equity can be used directly within decentralized finance,” the company said in a statement.

Forward, backed by Galaxy Digital, Jump Crypto, and Multicoin Capital, to become the largest SOL digital asset treasury, first announced its intention to tokenize its initially-named FORD stock in September. “We changed to FWDI because of confusion with Ford the company,” a Forward representative told The Block.

The firm holds about 6.8 million SOL tokens, with a net asset value of around $832 million, more than the next three largest SOL DATs combined, according to The Block's SOL treasury