Forward Industries Partners with Sanctum for the Future of Liquid Staking
On December 2, Forward Industries announced an exciting partnership with Sanctum to launch its game-changing liquid staking token, fwdSOL. Designed to optimize Solana (SOL) holdings, this innovative token merges staking yield with flexible DeFi strategies, reshaping the digital asset investment landscape.
What is fwdSOL and How Does It Work?
The new liquid staking token, fwdSOL, enables Forward Industries—the largest Solana Treasury holder (6.9 million SOL worth approximately $1.5 billion)—to turn 25% of their SOL holdings into deployable assets, unlocking additional sources of return.
With the conversion of static, staked SOL into liquid staking tokens, Forward Industries can still earn native staking rewards while deploying fwdSOL across Solana’s dynamic DeFi ecosystem, allowing for:
- Securing loans using fwdSOL as collateral
- Executing on-chain investment strategies and partnerships
- Maintaining liquidity while capturing incremental yields responsibly
The Benefits of Liquid Staking
Liquid staking provides greater flexibility for institutions, transforming traditional passive staking into a robust capital deployment opportunity. As Forward Industries Chairman Kyle Samani explains:
“This initiative demonstrates our commitment to unlocking the full potential of our SOL holdings. Liquid staking with Sanctum allows us to capture incremental sources of yield responsibly, while maintaining liquidity.”
Sanctum CEO FP Lee highlighted that this partnership showcases the potential of liquid staking tokens (LSTs) in taking institutional treasury strategies to the next level. By integrating fwdSOL into its strategy, Forward Industries reinforces its position as a leader in blockchain innovation.
Regulatory Clarity Boosts Innovation
Regulatory clarity from the U.S. Securities and Exchange Commission (SEC) in August 2025 has further validated liquid staking tokens. They are not classified as securities if deemed as simple receipts for staked assets without additional issuer guarantees. This guidance paves the way for institutional players like Forward Industries to enhance their treasury management using compliant solutions.
Additional Perks: Sanctum’s Governance Token CLOUD
In addition to fwdSOL, this collaboration allows Forward Industries to acquire Sanctum’s native governance token CLOUD, providing further diversification for its treasury.
Liquid Staking for Institutional Investors
If you’re managing crypto assets, liquid staking products like fwdSOL offer opportunities to maximize returns while maintaining operational flexibility. With the backing of industry leaders like Forward Industries and Sanctum, it’s clear that liquid staking represents the next frontier of digital asset management.
Harness the Potential of Liquid Staking
To explore the benefits of liquid staking for your own portfolio, consider experimenting with user-friendly platforms such as Lido, which also provides staking solutions across major blockchain networks.