At a glance
- Forward, a Nasdaq-listed company that describes itself as the leading Solana treasury company, announced the partnership Nov. 12 and will work with Groma to expand access to GRO across Solana.
- Groma's Regulation A+ filing, subject to SEC qualification, would let investors buy and sell GRO onchain regardless of accreditation status, with up to $75 million available in the first year after launch.
- According to Groma, GRO is already the largest onchain real estate asset, with more than $95 million in tokenized value and nearly $50 million of capital inflows in 2026 to date.
Forward Industries expects to take an allocation of up to $30 million in GromaCoin, a tokenized real estate asset that Groma plans to launch on Solana in the first quarter of 2027.
Forward, a Nasdaq-listed company that describes itself as the leading Solana treasury company, announced the partnership Nov. 12 and will work with Groma to expand access to GRO across Solana. Each GromaCoin is a tokenized share in the Groma Real Estate Trust, a U.S.-regulated REIT that owns income-producing residential properties.
Groma's Regulation A+ filing, subject to SEC qualification, would let investors buy and sell GRO onchain regardless of accreditation status, with up to $75 million available in the first year after launch. Investors could also use GRO for DeFi borrowing and lending. Until then GRO is sold only to accredited investors.
According to Groma, GRO is already the largest onchain real estate asset, with more than $95 million in tokenized value and nearly $50 million of capital inflows in 2026 to date. Groma expects Solana distribution to accelerate that growth through 2027.
Forward chief investment officer Ryan Navi said taking the stake creates "a new dollar denominated revenue stream for Forward" and helps deliver the company's SOL++ vision by generating durable, uncorrelated revenue from its treasury. Seth Priebatsch, Groma's founder and CEO, said early conversations, including with Forward, showed enthusiasm for GromaCoin from platforms and investors.
Groma plans to build on Kamino as part of its Solana deployment. Forward Industries is also among the issuers whose tokenized shares Formation plans to list on a Solana stock venue, with trading targeted for early 2027, as Digital Capital Daily previously reported.
Reported by the Tokenization desk from GlobeNewswire. Published . Corrections