Forward Industries to be added to Russell indexes

Forward Industries (FWDI), a company focused on accumulating Solana (DAT), announced it will be added to the Russell 2000 and Russell 3000 indexes, according to a Globe Newswire press release. The adjustment is set to take effect after the U.S. stock market opens on June 29. This year's reconstitution of the Russell indexes was based on the top 3,000 U.S. companies by market capitalization as of April 30. Ryan Navi, CIO of Forward Industries, explained that the inclusion will enhance institutional market awareness of the company's Solana treasury strategy. He added that the company also expects the move to broaden its shareholder base and improve trading liquidity.