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DeFi Development Corp. Partners with Fragmetric to Expand Restaking Access via dfdvSOL
Globenewswire· 2025-06-04 12:00
Core Viewpoint - DeFi Development Corp. has announced a strategic partnership with Fragmetric to integrate its dfdvSOL Liquid Staking Token into Fragmetric's restaking platform, enhancing its treasury strategy focused on Solana accumulation [1][2][3] Group 1: Company Overview - DeFi Development Corp. is the first US public company with a treasury strategy aimed at accumulating and compounding Solana (SOL) [1] - The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake, while actively participating in the growth of the Solana ecosystem [5] - The treasury policy allocates the principal holding to Solana, providing investors with direct economic exposure to SOL [5] Group 2: Partnership Details - The partnership with Fragmetric will allow holders of dfdvSOL to deposit their tokens and receive fragSOL, which provides access to restaking rewards across Solana's Node Consensus Network (NCN) ecosystem [2] - dfdvSOL is one of only five Liquid Staking Tokens currently supported by Fragmetric, reflecting the commitment to composability and integration within the Solana ecosystem [1][3] - The integration aims to enhance user experience by enabling seamless minting of fragSOL using various supported LSTs, including dfdvSOL [3] Group 3: Industry Context - Fragmetric is a native liquid restaking protocol on Solana, designed to enhance the security and economic potential of the Solana ecosystem [8] - The protocol implements a Normalized Token Program to leverage various LSTs, contributing to a secure and efficient restaking infrastructure [8]
50 million HVLO airdrop to reward Hivello users and buy back, token now available in 130 countries via fiat
Globenewswire· 2025-06-03 14:28
Core Insights - Blockmate Ventures Inc. announces that its investee, Hivello Holdings, has partnered with Banxa to enable users in 130 countries to purchase $HVLO using various fiat payment methods [1][8][12] - Hivello aims to simplify participation in Decentralized Physical Infrastructure Networks (DePIN) for users with no prior crypto experience, allowing them to earn passive income [2][9] - Hivello will conduct an airdrop of 50 million $HVLO tokens in August 2025 to reward loyal users and onboard new participants [3][17] - Hivello has committed a variable percentage of its quarterly revenue to buy back and burn $HVLO tokens, reducing the circulating supply and supporting the token's market value [4][14][15] Company Developments - The integration with Banxa will allow users to buy $HVLO directly without going through centralized exchanges, enhancing accessibility [8][9] - Hivello's airdrop program is designed to reward users who demonstrate meaningful contributions, focusing on sustained engagement and resource provision [19][21] - The "Buy Back & Burn" initiative reflects Hivello's commitment to aligning business growth with the health of its token economy, making $HVLO deflationary [15][16] Market Context - The DePIN sector has surpassed $50 billion in market cap and is projected to reach $3.5 trillion by 2028, indicating significant growth potential [10] - Hivello is positioned to onboard millions of Web2 users into Web3, leveraging its partnership with Banxa to facilitate easier access to digital assets [9][12]
VivoPower Advances US$200 Million Tembo Transaction Following Completion of Second Phase of Due Diligence by Energi Holdings
Globenewswire· 2025-06-03 12:45
Group 1 - Energi Holdings Limited proposes to acquire 51% of Tembo at a total enterprise value of US$200 million, with both parties agreeing to negotiate binding transaction documents for an early closing [1][3] - Energi, headquartered in Abu Dhabi, has annual revenues of US$1 billion and operates across multiple regions including the Middle East, Africa, South Asia, Europe, and Southeast Asia [2] - VivoPower's board is evaluating the optimal use of investment proceeds, which may include special dividends or capital returns to shareholders [4] Group 2 - VivoPower is undergoing a strategic transformation to focus on XRP digital assets, aiming to support decentralized finance infrastructure and real-world blockchain applications [5] - VivoPower operates globally with a presence in the UK, Australia, North America, Europe, the Middle East, and Southeast Asia, and has two business units: Tembo and Caret Digital [6]
DeFi Development Corp. Makes European Debut: DFDV Now Listed on Frankfurt Stock Exchange and Trade Republic
Globenewswire· 2025-06-03 12:00
BOCA RATON, FL, June 03, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company” or “DeFi Dev Corp.”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced that its common stock, trading under the ticker symbol “DFDV” on the Nasdaq, is now listed on the Frankfurt Stock Exchange (FWB) and available for trading on Trade Republic, Germany’s largest online brokerage. This dual listing marks a significant milestone in the Comp ...
21Shares Launches 21Shares Hedera ETP (HDRA) on Euronext
Globenewswire· 2025-06-03 07:00
New ETP offers regulated exposure to one of the most scalable and sustainable distributed ledger technologies Zurich, 3 June 2025 – 21Shares AG (“21Shares”), one of the world’s largest issuers of crypto exchange-traded products (ETPs), today announced the launch of the 21Shares Hedera ETP (Ticker: HDRA). The product is now listed on Euronext Amsterdam (USD) and Euronext Paris (EUR), offering investors simple, transparent, and regulated access to Hedera’s enterprise-grade DLT (distributed ledger technology). ...
DeFi Development Corp. Delivers Record Month with Key Integrations, Treasury Growth, and Institutional Partnerships
Globenewswire· 2025-06-02 23:30
Core Insights - DeFi Development Corp. reported a record-setting May 2025, highlighting advancements in validator infrastructure, treasury growth, and strategic integrations [1][2][3] Group 1: Company Strategy and Operations - The company has adopted a treasury policy focused on accumulating and compounding Solana (SOL), providing investors with direct economic exposure to SOL while participating in the Solana ecosystem's growth [4] - DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake, and is actively engaged in decentralized finance (DeFi) opportunities [4] - The company aims to differentiate itself from other crypto vehicles by compounding SOL exposure per share over time, establishing itself as a pioneering Solana treasury strategy [3] Group 2: Recent Achievements - In May 2025, DeFi Development Corp. achieved its largest monthly SOL purchase, reinforcing its strategy to build a leading publicly traded Solana treasury [8] - The company announced a validator partnership with Bonk, Solana's largest memecoin community, expanding its network of revenue-generating validators [8] - A letter of intent was signed with Kamino Finance, the largest DeFi lending protocol on Solana, to integrate the dfdvSOL liquid staking token [8] - As of May 31, 2025, the company's treasury held a record 621,313 SOL, marking its largest holding to date [8]
21Shares Announces 3-for-1 Share Split for ARK 21Shares Bitcoin ETF (ARKB)
Globenewswire· 2025-06-02 20:30
NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- 21Shares US LLC ("21Shares"), an affiliate of 21Shares AG, one of the world’s largest issuers of crypto exchange traded funds (“ETFs”), today announced a 3-for-1 share split for its flagship fund ARK 21Shares Bitcoin ETF (ARKB). This move is designed to make shares more accessible to a broader base of investors and enhance trading efficiency. The share split is expected to be effective at market open on June 16, 2025. Following the split, the fund’s shares will co ...
Oxbridge / SurancePlus to Attend Money20/20 Europe in Amsterdam
Globenewswire· 2025-06-02 20:05
Core Insights - Oxbridge Re Holdings Limited, along with its subsidiary SurancePlus, is focused on the tokenization of Real-World Assets (RWAs), specifically in the area of tokenized reinsurance securities and providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States [1][6][7] - The company is participating in Money20/20 Europe 2025, a significant event in the blockchain and digital assets space, which will take place from June 3-5, 2025, in Amsterdam [1][2] - Oxbridge aims to democratize access to high-yield institutional-grade reinsurance investment opportunities through discussions with existing and new partners during the event [3][4] Company Overview - Oxbridge Re Holdings Limited is headquartered in the Cayman Islands and operates through subsidiaries including SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited [6] - The company offers tokenized RWAs as tokenized reinsurance securities and provides reinsurance business solutions to property and casualty insurers [6][8] - SurancePlus has developed the first "on-chain" reinsurance RWA sponsored by a publicly traded company, allowing for digitized interests in reinsurance contracts [8] Investment Opportunities - The company is promoting two specific tokenized reinsurance offerings: EtaCat Re, which targets a 20% annual return, and ZetaCat Re, which targets a 42% annual return [9]
DeFi Dev Corp. Becomes First Public Company With an LST to Be Integrated Into Kamino, Solana’s Premier DeFi Lending Protocol
Globenewswire· 2025-06-02 13:00
BOCA RATON, FL, June 02, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company” or “DeFi Dev Corp.”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced an LOI with Kamino Finance, the largest Solana DeFi lending protocol with more than $4B in deposited assets. As part of the collaboration, Kamino intends to integrate dfdvSOL, an LST built by Sanctum, into its suite of capital-efficient DeFi products. The partnership w ...
NewGen Announces Planned $30 Million Strategic Investment in Solana Digital Asset Staking
Globenewswire· 2025-06-02 12:30
Core Insights - NewGen is expanding its digital asset portfolio by investing US$30 million in staking Solana, demonstrating a commitment to blockchain technology [1][2][3] - The investment will be financed through existing credit facilities totaling US$126 million [1] - This move follows an initial US$1 million investment in Bitcoin made in December 2024, indicating management's confidence in blockchain assets [3][4] Company Strategy - NewGen plans to establish a dedicated subsidiary focused on digital asset operations and investments, enhancing operational focus and strategic flexibility [3] - The investment in Solana is seen as a natural evolution of the company's digital asset strategy, reflecting a growing conviction in digital assets as a legitimate asset class [4] - The company aims to leverage Solana's high-speed transaction capabilities and staking rewards to create value for shareholders [2][4] Industry Context - Solana is recognized as a leading blockchain platform with a growing ecosystem of decentralized applications, which aligns with NewGen's strategic positioning [2] - The staking mechanism of Solana allows token holders to earn rewards while supporting network security and decentralization, presenting significant growth potential [2]