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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.