AUSTIN, Texas, October 23, 2025 – via IBN – IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest CryptoCurrencyWire Audio Production as part of its sustained effort to provide specialized content distribution via widespread syndication channels.

CryptoCurrencyWire’s latest audio production features Kyle Samani, Chairman of Forward Industries Inc. (NASDAQ: FORD), the leading Solana treasury company.

To begin the interview, Samani introduced his recent appointment and the pivotal transaction that redefined Forward Industries’ focus.

“I came in as Chairman of Forward Industries a few weeks ago as part of a $1.65 billion PIPE transaction in the company. That transaction was the largest PIPE for any Solana-based digital asset treasury company,” he said. “As part of that, the company has added a new strategy to its business, which is to focus on driving SOL per share for shareholders. Today, the company is sitting on 6.8 million SOL tokens worth approximately $1.5 billion, and we are deploying a bunch of strategies to increase our SOL per share over time for our shareholders.”

He went on to outline how Forward plans to generate yield beyond basic staking rewards, describing partnerships and DeFi integrations that enhance returns.

“We announced a partnership with a group called DoubleZero, a new fast lane for sending traffic around the internet… Using DoubleZero, we can actually earn higher yields for our shareholders via our core staking operations. We can also deploy our balance sheet, both SOL-denominated and USD-denominated, into DeFi on Solana to earn incremental yield above and beyond the base staking rate… The dollar denominated side is arguably even more interesting. We can borrow U.S. dollars for 7.5-8% on an annualized basis and deploy those dollars on-chain to earn yields in the range of 12-20%.”

When asked about risk management, Samani pointed to the combined expertise of Forward’s sponsor firms.

“We’re really fortunate to rely on the expertise of all three sponsor groups — Multicoin Capital, Jump Crypto, and Galaxy Digital,” he said. “All three firms have been heavily involved in Solana and DeFi over the years, so we all have a pretty strong familiarity and understanding of the various protocols and contracts out there. We do have a formal risk assessment methodology that we’ve adopted for Forward Industries before we deploy investor capital into any of these various contracts and protocols. That is a culmination of the experience of Multicoin Capital, Jump Crypto, and Galaxy Digital, so you’re really getting the best of all three worlds.”

Join IBN’s Carmel Fisher for a conversation with Kyle Samani, Chairman of Forward Industries, as he outlines how the company is pioneering a new model for blockchain treasury management.

To hear the episode and subscribe for future podcasts, visit https://www.CryptoCurrencyWire.com/CryptoNewsAudio

The latest audio production from CryptoCurrencyWire continues to reinforce IBN’s commitment to the expansion of its robust network of brands, client partners, followers, and the growing IBN Podcast Series. For more than 19 years, IBN has leveraged this commitment to provide unparalleled distribution and corporate messaging solutions to 500+ public and private companies.

To learn more about IBN’s achievements and milestones via a visual timeline, visit https://IBN.fm/TimeLine

About Forward Industries Inc.

Forward Industries Inc. is a global design company serving top tier medical and technology companies. For over 60 years, the company has been successful in developing and producing a portfolio of outstanding products for some of the world’s leading companies and brands. In September 2025, Forward Industries initiated a Solana treasury strategy dedicated to acquiring SOL and increasing SOL-per-share through bespoke strategies and active management of the company’s treasury. The company’s Solana treasury strategy is supported by industry leading investors and operating partners, including Galaxy Digital, Jump Crypto, and Multicoin Capital.

For more information on the company’s Solana treasury strategy, visit sol.forwardindustries.com

About IBN

IBN consists of financial brands introduced to the investment public over the course of 19+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.

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Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

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