Forward Industries Announces Launch of Solana Validator and Integration with DoubleZero

Forward Industries, Inc. (NASDAQ: FORD) (the "Company" or “Forward Industries”), a leading Solana treasury company, today announced the launch of its institutional grade validator node on the Solana blockchain, powered by DoubleZero, a high-performance global network purpose-built for distributed systems. The Forward Industries validator has already begun to operate on DoubleZero’s best-in-class infrastructure, underscoring the Company’s commitment to adopting the highest-performing decentralized technology platforms and its continued advancement of internet capital markets.

Developed in collaboration with Galaxy and leveraging Jump Crypto’s Firedancer client, the Forward Industries validator will allow ecosystem participants to delegate stake directly to Forward Industries. The validator offers 0% commission, enabling investors to stake to the node at no cost. Importantly, all tokens staked by Forward Industries are currently delegated to this validator, and all future Forward Industries validators will operate on DoubleZero. Forward and DoubleZero will pilot validator and network optimizations to increase revenue, increase bandwidth, and reduce latency.

At launch, the Forward Industries validator is expected to rank among the top ten Solana validators globally, marking a significant milestone in the Company’s evolution from capital provider to active ecosystem contributor.

“Decentralized networks only reach their full potential when the underlying infrastructure meets institutional standards of scale, security, and performance,” said Kyle Samani, Chairman of the Board of Forward Industries. “DoubleZero has rapidly emerged as the leading platform for high-performance validator operations, combining best-in-class engineering with the reliability institutions require. By running our validator on DoubleZero and establishing a long-term partnership with the platform, we are aligning with the foremost innovators in blockchain infrastructure and directly supporting Solana’s ability to operate at global scale. Together with DoubleZero, Galaxy, and Firedancer, we are fortifying the network’s resiliency and helping ensure Solana remains the standard for institutional adoption in decentralized finance.”