Core Points - DeFi Development Corp. has announced the listing and trading of its dividend-warrants on the Nasdaq Capital Market under the ticker symbol DFDVW, following the declaration made on October 8, 2025 [1][3] - The company distributed one warrant for every ten shares of common stock held as of the record date of October 23, 2025, with each warrant allowing the purchase of one share at an exercise price of $22.50 until January 21, 2028 [2][3] - The proceeds from the exercise of the warrants will be used for general corporate purposes, including the acquisition of Solana (SOL) and working capital [3] Company Strategy - DeFi Development Corp. has adopted a treasury policy that allocates its principal holding to SOL, providing investors with direct economic exposure to the cryptocurrency while participating in the growth of the Solana ecosystem [4] - The company operates its own validator infrastructure, generating staking rewards and fees, and is actively engaged in decentralized finance (DeFi) opportunities [4] Market Presence - The company serves over one million web users annually, including multifamily and commercial property owners and developers, and connects various stakeholders in the commercial real estate industry [5][6] - Its data and software offerings are primarily provided on a subscription basis as Software as a Service (SaaS) [6]
DeFi Development Corp. Announces Commencement of Trading of Warrants (Ticker: DFDVW)
Globenewswire·2025-11-06 16:05