Forward Industries, Inc. (NASDAQ: FWDI) announced a strategic investment in onchain reinsurance company OnRe as part of its $5 million Series A round. The company also plans to deploy up to $25 million into OnRe’s yield-bearing token ONyc on the Solana blockchain, expanding its treasury strategy into tokenized real-world assets and diversified income streams.
The investment underscores Forward Industries’ commitment to the Solana ecosystem, as outlined in its digital asset treasury strategy. According to the press release, the company aims to buy, hold, stake, trade, invest in, and grow SOL and SOL-related digital assets, protocols, and businesses. The deployment into OnRe’s tokenized reinsurance platform represents a novel approach to generating yield from real-world assets on-chain.
Forward Industries launched its digital asset treasury strategy in September 2025, supported by industry-leading investors and operating partners including Galaxy Digital and Jump Crypto. The company’s mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with Solana network developers and projects. This investment in OnRe aligns with that mission by leveraging Solana’s infrastructure for a tokenized reinsurance product.
OnRe’s ONyc token offers a yield-bearing instrument that could provide Forward Industries with a stable income stream, diversifying its treasury beyond staking rewards. The reinsurance market is a multi-trillion-dollar industry, and tokenization could bring efficiency and transparency. By participating in OnRe’s Series A, Forward Industries gains early exposure to this emerging sector.
The news is significant for investors as it highlights the growing trend of traditional financial mechanisms merging with blockchain technology. Forward Industries is positioning itself at the forefront of this convergence, potentially unlocking new revenue sources. The company’s strategy, backed by major crypto players like Galaxy Digital and Jump Crypto, adds credibility to its approach.
For more information on Forward Industries’ Solana treasury strategy, visit forwardindustries.com. The latest news and updates relating to FWDI are available in the company’s newsroom at https://cnw.fm/FWDI.
This move by Forward Industries could set a precedent for other companies looking to integrate real-world assets into their digital asset treasuries. The success of the OnRe platform and the ONyc token will be closely watched by the crypto and insurance industries alike.
