Forward Industries, Inc. (NASDAQ: FWDI) announced a strategic investment in onchain reinsurance company OnRe as part of its $5 million Series A round, alongside plans to deploy up to $25 million into OnRe's yield-bearing token ONyc on Solana, expanding its treasury strategy into tokenized real-world assets and diversified income streams. The move underscores Forward Industries' commitment to diversifying its digital asset treasury beyond SOL staking and into tokenized real-world assets (RWAs), which are expected to provide stable, uncorrelated returns.
According to the press release, the investment in OnRe aligns with Forward's broader strategy to buy, hold, stake, trade, invest in, and grow SOL and SOL-related digital assets, protocols, and businesses. The company's mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with Solana developers and projects. The $25 million deployment into ONyc, a tokenized representation of reinsurance risk on Solana, is designed to generate yield from premiums and underwriting profits, offering a new income stream for Forward's treasury operations.
OnRe's platform leverages blockchain technology to tokenize reinsurance contracts, providing transparency, efficiency, and liquidity to the traditional reinsurance market. The Series A round, which includes participation from Forward Industries, will support OnRe's development and expansion. This partnership highlights the growing intersection between traditional finance and decentralized finance (DeFi), particularly in the insurance sector, where tokenization can streamline processes and reduce costs.
Forward Industries launched its digital asset treasury strategy in September 2025 through a private placement transaction supported by industry-leading investors, including Galaxy Digital and Jump Crypto. The company's focus on Solana-based assets positions it to capitalize on the network's high throughput and low transaction costs, which are advantageous for tokenized RWA applications like OnRe's reinsurance platform.
The announcement comes as institutional interest in tokenized real-world assets continues to grow, with projections indicating that the market could reach trillions of dollars in value over the next decade. By investing in OnRe, Forward Industries is not only diversifying its own revenue streams but also contributing to the maturation of the Solana ecosystem as a hub for institutional-grade DeFi applications.
For more information on Forward Industries' Solana treasury strategy, visit forwardindustries.com. To view the full press release, visit https://ccw.fm/pXcZ9.
