Forward Industries, Inc. (NASDAQ: FWDI) 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 Solana, expanding its treasury strategy into tokenized real-world assets and diversified income streams.
OnRe is an onchain reinsurance platform that leverages blockchain technology to bring transparency and efficiency to the reinsurance market. The investment aligns with Forward Industries' strategy to focus on Solana and SOL-related digital assets, protocols, and businesses. According to the company, the deployment into ONyc tokens will provide a new avenue for generating yield on its digital asset holdings, diversifying beyond staking and trading activities.
Forward Industries, based in Austin, Texas, is a Solana-focused digital asset treasury company. Its mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with Solana network participants. The company launched its digital asset treasury strategy in September 2025, supported by investors including Galaxy Digital and Jump Crypto. The investment in OnRe represents a step toward integrating traditional finance instruments with decentralized finance.
The tokenized reinsurance platform aims to address inefficiencies in the traditional reinsurance market, which is often characterized by opacity and slow settlement times. By using Solana’s high-speed and low-cost blockchain, OnRe seeks to offer more liquid and accessible reinsurance products. Forward Industries’ deployment of $25 million into ONyc tokens underscores its confidence in the platform’s yield potential and its commitment to the Solana ecosystem.
This move reflects a growing trend among digital asset treasury companies to seek yield through tokenized real-world assets. As the crypto market matures, firms are exploring ways to generate returns beyond simple buy-and-hold strategies. Forward Industries’ investment in OnRe could provide a model for other treasury companies looking to diversify into asset classes like reinsurance, which traditionally have been accessible only to institutional investors.
For more information, visit the full press release at https://ccw.fm/pXcZ9. Additional details about Forward Industries' treasury strategy are available at forwardindustries.com. The latest news on FWDI can be found in the company’s newsroom at https://cnw.fm/FWDI.
