Forward Industries has launched BisonFi, a proprietary automated market maker (AMM) built specifically for the Solana blockchain, according to Kyle Samani, the company’s chairman and Multicoin managing partner. The AMM is designed with institutional users in mind, enabling counterparties to run bespoke trading strategies funded with Forward’s proprietary capital.
Forward Industries operates as a publicly traded digital asset treasury that both deploys on‑chain assets and develops infrastructure such as validators and staking tokens. The firm has drawn backing from notable industry participants, including Jump Crypto and Galaxy. BisonFi’s release aims to expand institutional-grade liquidity and strategy execution options within Solana’s decentralized finance ecosystem.
The launch comes as Solana’s DeFi stack continues to mature, with projects like Drift Protocol, Kamino, and Jupiter Exchange building out trading tools, liquidity solutions, and integrations across the network. BisonFi adds another AMM option to that growing landscape, emphasizing bespoke, capital-backed strategies for professional traders.