
Markets3m read
Solana Treasury Firms Resist Acquisition Attempts from Forward Industries
Multiple Solana treasury management firms have rebuffed or allowed acquisition offers from Forward Industries to expire, signalling resistance to consolidation.

Multiple Solana treasury management firms have rebuffed or allowed acquisition offers from Forward Industries to expire, signalling resistance to consolidation.

Forward Industries, a prominent Solana treasury management firm, has reportedly failed in three recent attempts to acquire rival companies.

Forward Industries moved $31.9 million in SOL to Coinbase Prime, revealing a 70% loss on its Solana investment and highlighting corporate crypto risks.