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Forward Industries launches BisonFi AMM for Solana ecosystem

Crypto Briefing
Forward Industries launched BisonFi, a proprietary AMM designed for institutional traders on the Solana blockchain.

Summary

Forward Industries, a digital asset treasury company, has launched BisonFi, its proprietary automated market maker (AMM) specifically tailored for the Solana ecosystem. Confirmed by Chairman Kyle Samani, BisonFi is designed to cater to institutional traders, allowing them to deploy custom trading strategies using their proprietary capital. This launch enhances Forward Industries' role in digital asset infrastructure, which already includes developing validators and staking tokens, and is supported by entities like Jump and Galaxy. The introduction of BisonFi contributes to Solana's growing DeFi landscape, which features other key projects such as Drift Protocol, Kamino, and Jupiter Exchange.

(Source:Crypto Briefing)