According to Cointelegraph, Solana vault company Forward Industries has appointed former ParaFi Capital executive Ryan Navi as Chief Investment Officer, responsible for the company’s vault and staking strategies around SOL. Navi previously led digital asset investments at ParaFi and worked at KKR and Citigroup in his early career. Forward fully transitioned from its traditional design business to focus on Solana vaults this year and currently holds 6.91 million SOL (approximately $864 million), accounting for over 1% of the circulating supply. The company launched an institutional-grade validator node in October. Forward Industries’ stock price has dropped nearly 80% from its September peak. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=52781