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Forward Industries Deposits 1.44M SOL Worth $201M to Coinbase Prime

Forward Industries transferred 1,443,507 SOL valued at $201.34 million to Coinbase Prime on November 18, Onchain Lens data show. The transaction occurred three hours prior to the report, though the purpose remains unconfirmed. Forward Industries (NASDAQ: FWDI, formerly FORD) holds approximately 6.91 million SOL as of its November 15, 2025 treasury update, representing over 1.25% of Solana's total circulating supply and significantly exceeding other publicly-traded Solana treasury firms including Upexi with roughly 2 million SOL and DeFi Development Corp. with approximately 1 million SOL.
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