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Ethereum, Solana treasury firms Sharplink and Forward join Russell indexes

The Block
Sharplink and Forward Industries are joining the Russell 2000 and 3000 indexes, marking a milestone for firms with Ethereum and Solana treasuries.

Summary

Sharplink and Forward Industries, two companies that incorporate Ethereum and Solana into their corporate treasury strategies, are set to join the Russell 2000 and 3000 indexes. Effective June 29, this inclusion provides these firms with greater institutional visibility and access to index-tracking capital. Sharplink, a significant holder of ether that utilizes staking strategies, and Forward Industries, which focuses on compounding Solana holdings, are notable as the first major non-bitcoin crypto treasury firms to enter these benchmarks.

(Source:The Block)