Solana treasury Forward Industries will achieve 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 is backed by Galaxy Digital, Jump Crypto, and Multicoin Capital, and 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 drive product development for both parties.