Ethereum treasury firm Sharplink and Solana treasury Forward Industries will be included in the Russell 2000 and 3000 indexes when their semiannual restructure takes effect on June 29. Sharplink, holding 874,351 ETH valued at $1.8 billion, joins after peer BitMine Immersion Technologies also entered the Russell 1000. Forward Industries, a medical design firm turned Solana accumulator, purchased $1.58 billion worth of SOL last year, now valued at $588 million due to price decline. Both firms expect index inclusion to broaden shareholder bases and improve access to capital markets. Shares reacted differently, with Sharplink dipping 0.8% and Forward Industries rising 2.62% on Tuesday. The firms are part of crypto treasury companies gaining mainstream index recognition.

Key facts

• Sharplink and Forward Industries will join Russell 2000 and 3000 indexes on June 29.
• Sharplink holds 874,351 ETH ($1.8B); market cap $1.22B, trading at discount.
• Forward Industries purchased $1.58B SOL; now worth $588M due to 64% price drop.
• Index inclusion expected to expand shareholder base and improve liquidity.
• SBET shares dipped 0.8%; FWDI shares rose 2.62% on Tuesday.

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