Forward Industries, Inc. (NASDAQ: FWDI) has 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, further diversifying its treasury strategy into tokenized real-world assets and generating additional income streams.
According to the press release, this investment aligns with Forward Industries’ mission to expand and strengthen the Solana ecosystem by acquiring and staking SOL, as well as engaging with Solana-related projects. The company launched its digital asset treasury strategy in September 2025, supported by industry-leading investors such as Galaxy Digital and Jump Crypto. The deployment into ONyc represents a significant step in leveraging Solana’s capabilities for institutional-grade financial products.
OnRe’s platform focuses on onchain reinsurance, bringing traditional insurance risk to the blockchain through tokenization. The ONyc token is designed to offer yield derived from reinsurance premiums, providing Forward Industries with a new avenue for treasury growth. This move underscores the growing trend of traditional companies integrating blockchain-based solutions for asset management and income generation.
Forward Industries’ treasury strategy involves buying, holding, staking, trading, investing in, and growing SOL and SOL-related digital assets. The company’s investment in OnRe and the planned deployment into ONyc tokens demonstrate its commitment to actively participating in the Solana ecosystem beyond simple staking.
The investment is part of a broader trend where companies are exploring tokenized real-world assets to enhance returns and diversify risk. For Forward Industries, this partnership with OnRe provides exposure to the reinsurance market, which is traditionally uncorrelated with digital asset markets. The company’s CEO emphasized the strategic fit, noting that OnRe’s platform offers a unique opportunity to earn yield on idle treasury funds while supporting the Solana network.
Forward Industries continues to position itself as a Solana-focused digital asset treasury company, with a clear strategy to drive shareholder value through ecosystem engagement. The company’s newsroom provides updates on its activities. For more details about the company’s Solana treasury strategy, visit forwardindustries.com. The full press release is available at https://ccw.fm/pXcZ9.
This announcement highlights the increasing intersection between traditional finance and blockchain technology, with Forward Industries leading the charge in integrating tokenized assets into corporate treasury management. The deployment of $25 million into ONyc represents a substantial commitment to the Solana ecosystem and the tokenized reinsurance sector.
