A Tiny Nasdaq Shell With a Giant Megaphone Forward Industries (NASDAQ: FORD) is a 50-year-old accessory maker that today commands a market cap of barely US $60 m and only 1.71 m shares in the float. After a PIPE injection that retires the legacy business, the balance-sheet baggage is negligible. In other words, the vehicle is already street-legal, SEC-compliant and optionality-rich—exactly the kind of empty vessel crypto-native whales love to pour a new story into.Skin in the Game, Literally ...

A Tiny Nasdaq Shell With a Giant Megaphone Forward Industries (NASDAQ: FORD) is a 50-year-old accessory maker that today commands a market cap of barely US $60 m and only 1.71 m shares in the float. After a PIPE injection that retires the legacy business, the balance-sheet baggage is negligible. In other words, the vehicle is already street-legal, SEC-compliant and optionality-rich—exactly the kind of empty vessel crypto-native whales love to pour a new story into.Skin in the Game, Literally ...

Fast, Big… But “Good”? Solana is already fast and already processes enormous volumes. Yet is that truly “enough”? When we examine those transactions, one question keeps surfacing: are they actually creating value? A large share of Solana’s throughput is not organic demand but high-frequency arbitrageurs exploiting millisecond information gaps. These “toxic takers” leverage technical latency advantages to front-run market makers. Just before a maker cancels an order, the toxic taker hikes the ...

Fast, Big… But “Good”? Solana is already fast and already processes enormous volumes. Yet is that truly “enough”? When we examine those transactions, one question keeps surfacing: are they actually creating value? A large share of Solana’s throughput is not organic demand but high-frequency arbitrageurs exploiting millisecond information gaps. These “toxic takers” leverage technical latency advantages to front-run market makers. Just before a maker cancels an order, the toxic taker hikes the ...