Forward Industries, Inc.

Forward Industries, Inc. (FWDI) — shares. This token is issued by Backpack Securities and tracks the economic value of the underlying security.

Token

Forward Industries, Inc. - Backpack Securities (FWDI)

Issuer

Backpack Securities

Blockchain

Solana

Mint address

FWDtiB5fXHdVAewPqvHPL2dh4aBC1C6GacQbePoQXKjzCopy mint

Token standard

SPL Token-2022

Decimals

6

Token extensions

Metadata pointerPermanent delegateDefault account statePausableConfidential transfersTransfer hookScaled UI amountToken metadata

Issuer controls

Permanent delegate (can transfer or burn from any account), freeze authority, pause authority. Read from the onchain mint account.

Structure

Tokenized security issued by Backpack. Per Backpack, the token is a claim on an SPV holding the underlying assets (not a UCC Article 8 security entitlement), with price exposure anchored 1:1 via the mint and redemption mechanism.

Backing

Per Backpack, the SPV holds the underlying assets and each token is redeemable 1:1 for the underlying security.

Issuance & redemption

Per Backpack, tokens can be redeemed 1:1 into the corresponding security entitlement through Backpack Securities, which is available to eligible users only.

Dividends & splits

Per Backpack, dividend payouts are automatically reinvested into additional tokenized shares, and applicable corporate actions are reflected through proportional token balance adjustments.

Liquidity

Deepest pool: raydium · USDC · $57,936.00. Total routable liquidity $86,662.00. A $10k test buy had -4.51% price impact.Snapshot from 2026-09-23. RwaMarkets only lists assets with at least $50k of liquidity.

Explorer

View on Solscan

Verification

Mint verified on 2026-09-23 against Sunrise token listing API and Onchain mint account. Verification details →

Backpack Securities issues tokenized securities on Solana, distributed through Sunrise, Wormhole's asset gateway. Per Backpack, each tokenized security is a claim on an SPV holding the underlying asset and can be redeemed 1:1 into the corresponding security entitlement through Backpack Securities.

• Geographic restrictions

  Per Backpack, Backpack Securities isn't available in the United States, the United Kingdom, the United Arab Emirates, or Japan, and isn't offered on Backpack EU.

• Market & pricing

  Secondary-market prices on Solana are set by onchain liquidity and can differ from the underlying's exchange price, especially outside the underlying market's trading hours.

• Not the underlying

  FWDI is a token issued by a third party. Its price is set by onchain markets and is not automatically identical to the price of FWDI.

• Execution

  Swaps are routed across Solana liquidity venues for the best available price. RwaMarkets does not custody funds or act as a counterparty.

Information on this page is sourced from issuer documentation and onchain data. It is not investment, legal or tax advice. Review the issuer's terms before trading.