Forward Industries invests $5M in Solana-based reinsurance platform

Forward Industries, which has been strategically accumulating Solana (SOL), has invested $5 million in OnRe, a Solana-based reinsurance infrastructure platform, Cointelegraph reported. The company also plans to inject an additional $25 million into the platform's tokens as part of its goal to integrate the reinsurance market into a real-time, smart contract-based system.