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A Solana treasury is about to land in the Russell indexes
Forward Industries (@FWDind), the largest corporate holder of $SOL, will join the Russell 2000 and Russell 3000 at the index reconstitution effective June 29, putting Solana-linked equity exposure in front of the passive funds and institutional managers that track roughly $12 trillion in Russell benchmarks.
It is not the only crypto treasury making the jump. Ethereum holder SharpLink joins the same indexes, with BitMine and Galaxy Digital headed for the Russell 1000, a sign the treasury-company model is spreading from Bitcoin into ETH and SOL. Worth noting that Forward's SOL stake, bought near $232 last year, now sits about 64% underwater with the token near $82.
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