Forward Industries, Inc. (NASDAQ: FWDI), a Solana treasury company, announced that it is set to join the Russell 2000® Index and Russell 3000® Index following the Russell indexes’ semi-annual reconstitution. The change will take effect after the U.S. market opens on June 29, 2026. The company stated that this inclusion is expected to expand its shareholder base, improve trading liquidity, and increase visibility among institutional investors.
Forward Industries is a digital asset treasury company focused on the Solana ecosystem. Its strategy involves buying, holding, staking, trading, investing in, and growing SOL and SOL-related digital assets, protocols, and businesses. The company aims to expand and strengthen the Solana ecosystem by acquiring and staking SOL, as well as engaging with, providing tools to, and investing in the Solana network, developers, and related projects to increase shareholder value. In September 2025, Forward launched its digital asset treasury strategy through a private placement transaction supported by industry-leading investors and operating partners, including Galaxy Digital and Jump Crypto.
Inclusion in the Russell indexes is a significant milestone for Forward Industries. The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity market, while the Russell 3000 Index represents the broad U.S. equity market. Being added to these indexes typically leads to increased demand from index funds and ETFs that track these benchmarks, which can enhance liquidity and attract institutional investors. The company's move to join these indexes underscores its commitment to increasing shareholder value and its strategic focus on the Solana ecosystem.
For more information on Forward Industries and its Solana treasury strategy, visit forwardindustries.com. The full press release is available at https://ibn.fm/RMpnL.
