Forward Industries, Inc. (NASDAQ: FWDI) announced a strategic investment in OnRe, an onchain reinsurance company, as part of its $5 million Series A round. The company also disclosed plans to deploy up to $25 million into OnRe’s yield-bearing token ONyc on the Solana blockchain, marking a significant expansion of its treasury strategy into tokenized real-world assets and diversified income streams.
OnRe is building a tokenized reinsurance platform that aims to bring traditional reinsurance onto the blockchain, offering transparency, efficiency, and liquidity. The ONyc token is designed to provide yield from reinsurance premiums and investment returns, giving holders exposure to the reinsurance market in a digital asset form. Forward Industries’ investment and planned deployment underscore its commitment to the Solana ecosystem and its strategy of acquiring and staking SOL and engaging with Solana-related projects.
Forward Industries positions itself as a Solana-focused digital asset treasury company. Its strategy includes buying, holding, staking, trading, investing in, and growing SOL and SOL-related digital assets, protocols, and businesses. The company launched its digital asset treasury strategy in September 2025 through a private placement transaction supported by industry-leading investors and operating partners including Galaxy Digital and Jump Crypto.
The deployment of up to $25 million into ONyc represents a significant allocation of capital into tokenized real-world assets, which are gaining traction as a way to bring traditional financial instruments onto blockchain networks. By investing in OnRe, Forward Industries gains exposure to the reinsurance market, which is traditionally opaque and illiquid, through a tokenized structure that offers potential for yield and diversification.
This move aligns with broader trends in the cryptocurrency and blockchain space, where companies are increasingly exploring real-world asset tokenization to create new investment opportunities and revenue streams. The Solana blockchain, known for its high speed and low transaction costs, provides the infrastructure for OnRe’s platform and the ONyc token.
Forward Industries’ investment in OnRe and its planned deployment into ONyc demonstrate its active role in expanding the Solana ecosystem. The company’s treasury strategy focuses on generating income through staking and investments in Solana-based projects, and this latest initiative adds a layer of diversification into tokenized insurance assets.
For more information on Forward Industries and its Solana treasury strategy, visit forwardindustries.com. The full press release is available at https://ccw.fm/pXcZ9.
