Forward Industries Launches Solana Validator, Stakes Entire 6.8M SOL Treasury
The move shifts the Nasdaq-listed firm from passive holder to operator of institutional-grade Solana infrastructure to attract delegated stake with a zero-commission model.
Overview
- Built on DoubleZero’s high-throughput network, the validator runs Jump Crypto’s Firedancer client with Galaxy integration.
- Delegation is open to the public at 0% commission, positioning Forward to capture additional stake without fee drag for delegators.
- Forward says the node is expected to rank among Solana’s top ten validators by total stake at launch.
- The company plans additional DoubleZero-based validators and joint performance tuning focused on bandwidth, latency, and efficiency.
- The rollout follows a $1.65 billion private financing and a $4 billion at-the-market equity program that funded its large SOL position, far exceeding DFDV’s roughly 2.09 million SOL.