Forward Industries, a publicly listed digital asset treasury company, has just launched #BisonFi - a specialized automated market maker (AMM) built specifically for the Solana blockchain.
The interesting thing about this event:
- BisonFi is designed for institutional traders who want to deploy custom trading strategies using their own capital.
- This is another significant name added to the rapidly growing AMM ecosystem of Solana.
- Forward Industries is not a newcomer in the cryptocurrency field - they are backed by major companies like #Jump and #Galaxy .
This development underscores the increasing importance of #Solana in the #DeFi space, which has seen prominent projects like Drift Protocol, Kamino, and Jupiter Exchange.
For cryptocurrency enthusiasts and traders, this is another sign of institutional interest in the Solana ecosystem, which could generate more trading and liquidity opportunities for assets based on $SOL .
The information is for reference only and is not an investment strategy.
