Foresight News message: Solana treasury company Forward Industries has released (a digital asset custody framework) in response to SEC Commissioner Hester Peirce’s statements about crypto custody and lending strategies. It suggests categorizing treasuries into three types—Type I (use), Type II (follow), and Type III (advisory)—based on the actual management permissions exercised by the operator. Type I is selected and configured by users themselves, while developers are only responsible for maintaining the code. Type II has preset strategies set by the operator; users may choose to follow, and the operator must also co-invest. Type III gives the manager actual decision-making authority over the strategy or specific asset trades, and it is subject to stricter regulation. The framework also recommends joint SEC and CFTC oversight for treasuries holding a mix of securities and commodities, and requires all treasuries to comply with basic rules such as related-party transaction disclosure, publicly available code audits, excluding disqualified personnel, and anti-fraud measures.