Forward Industries is playing quite boldly, directly jumping from traditional design business to the Solana vault track. The latest move is hiring Ryan Navi from ParaFi Capital as the Chief Investment Officer.

This guy is quite impressive—he previously managed digital asset investments at ParaFi and earlier worked at KKR and Citigroup. Now his job is to design vault management and staking strategies around SOL for Forward.

Speaking of their assets, Forward currently holds 6.91 million SOL. This round of personnel adjustments shows that they are determined to take root in the Solana ecosystem. There are many cases of traditional companies transforming into crypto, but it takes a lot of courage to go all in on a single public chain like this.

SOL1.45%

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AirdropCollector

· 10h ago

6.91 million SOL, that's quite bold. Ryan Navi is a good choice, from KKR to Citigroup and then to encryption, quite the experience. Just worried about the risk of going all in on SOL, should I diversify a bit? The speed of this transformation is a bit fast, the leap from traditional to encryption... Sitting in the front row, waiting to see how they play.

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AirdropBlackHole

· 10h ago

6.91 million SOL, that's really amazing. Ryan Navi is indeed amazing, but I don't quite understand the all in SOL thing, can the ecosystem hold up? Jumping from the design business to the vault, this turnaround is a bit fierce, it's really a fight to the death. This personnel adjustment has quite a lot of information, it just depends on how they play it later. It's said that traditional enterprises easily flip in the crypto world, Forward's courage is indeed big enough.

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DataPickledFish

· 11h ago

6.91 million SOL, that's really bold, all in on a public chain. If SOL experiences a big dump again... Ryan Navi really has some skills, but can he adapt from traditional design to vault strategies? Forward is betting on this, gambling on the SOL ecosystem. That said, anyone brought in from KKR is a tough character, so they should have a backup plan in mind.

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LayoffMiner

· 11h ago

6.91 million SOL directly all in on a single chain, that's some real guts, I'm just afraid one day SOL might suddenly disappoint. This guy Ryan Navi really has the clout, but whether the treasury strategy can work still depends on the follow-up. Jumping from traditional hardware to Solana treasury, Forward, this is a gamble with your life. Coming from KKR and Citigroup, they really understand money, but the waters of encryption are too deep. SOL is going to be dumped again, huh? This kind of all in single chain gameplay, is it a heroic sacrifice or a suicidal investment? 6.91 million, once VC unlocks it, just wait to be played for suckers. It's a bit like gambling, but I still have faith in this operation.

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