Forward Industries, Inc., a prominent Solana treasury company, unveiled its institutional grade validator node on the Solana blockchain, powered by DoubleZero, a high-performance global network purpose-built for distributed systems. This validator is a key part of its deployment of Distributed Ledger Technology (DLT) in real-world infrastructure.
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.
In partnership with Galaxy and using Jump Crypto’s Firedancer client, Forward Industries has launched a validator. Ecosystem participants can delegate their stake directly to Forward Industries with 0% commission, meaning no fees. All of Forward Industries’ staked tokens are already delegated to this validator, and all future validators from them will run on DoubleZero.
Together, Forward and DoubleZero will test improvements to boost revenue, bandwidth, and reduce delays.
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.
Executive Statement
According to Kyle Samani, Chairman of the Board of Forward Industries, decentralized networks only reach their full potential when the underlying infrastructure meets institutional standards of scale, security, and performance. DoubleZero has significantly emerged as the leading platform for high-performance validator operations, combining best-in-class engineering with the reliability institutions require. By running their validator on DoubleZero as well as establishing a long-term partnership with the platform, they are going with the foremost innovators in blockchain infrastructure and directly supporting Solana’s ability to operate at global scale. Together with DoubleZero, Galaxy, and Firedancer, they are fortifying the network’s resiliency and helping ensure Solana remains the standard for institutional adoption in decentralized finance.