- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future with top experts
- WXT Zone
  Exclusive fee rates and free airdrops await
- Announcement Center
  Stay ahead with WEEX updates
- Elite Trader
  Share your strategies and earn rewards
- Crypto Wiki
  Master trading with simple trading guides for everyone
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Stay on top of the latest crypto trends
- Official Verification
  Use official channels to protect your account
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Discover highlights of WEEX's events around the world
Buy Crypto
- Quick Buy
  Buy with Visa, Mastercard, Apple Pay, Google Pay
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  About futures trading features
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

SOL Treasury's Forward Plan to Deploy Funds into Solana DeFi Protocol

By: theblockbeats.news|2025/09/15 07:12:09

BlockBeats News, September 15th, according to TheBlock, SOL Treasury company Forward Industries Chairman Kyle Samani stated that the company plans to deploy funds into DeFi protocols on Solana.

BlockBeats previously reported that Forward Industries has currently invested 1.6 billion USD, buying 1.5 billion USD worth of SOL. Yesterday, Galaxy Digital accumulated 400 million USD worth of SOL for Forward Industries, while Forward Industries holds 1.1 billion USD worth of SOL in Coinbase Prime Custody.

Yesterday, crypto KOL Ansem posted, "One of Solana's weaknesses compared to Ethereum is DeFi activity. If Kyle Samani and others can deploy the funds from these SOL Treasuries (DAT) into DeFi protocols, that would be very bullish."

Data: Recently, BTC spot buying pressure has been limited, with ETF net inflows showing a divergence from increasing spot exposure

London Stock Exchange Launches Blockchain Platform for Private Funds