Decentralized Finance (DeFi)
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DeFi Dev Corp. Grows Treasury to 1.18M SOL, Raises $20M from Equity Line of Credit
Globenewswire· 2025-07-29 12:00
BOCA RATON, FL, July 29, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the "Company") the first public company with a treasury strategy built to accumulate and compound Solana ("SOL"), today announced it now holds approximately 1,182,685 SOL and SOL equivalents on its balance sheet, inclusive of rewards generated through staking and onchain activities. The increase follows the Company's purchase of 181,303 SOL between July 21 - July 28, at an average purchase price of $155.33, representing ...
This Unstoppable Cryptocurrency Could Soar 300% By the End of 2025, According to Tom Lee of Fundstrat
The Motley Fool· 2025-07-29 00:10
In the crypto market, all eyes are now on Ethereum (ETH -1.67%), which is up a head-spinning 50% over the past 30 days. The price of Ethereum is now $3,600, with no signs of slowing down anytime soon. In fact, Tom Lee, the co-founder of Fundstrat and the chairman of a new Ethereum Treasury Company, thinks a fair price for Ethereum could be as high as $15,000. And he thinks Ethereum might get there by the end of the year. But is he right? Could Ethereum really skyrocket 300% in a span of mere months? The Wal ...
Hyperion DeFi Purchases Additional $5 Million in HYPE for Kinetiq iHYPE Strategy
Globenewswire· 2025-07-28 12:00
Core Viewpoint - Hyperion DeFi, Inc. has expanded its holdings of HYPE tokens to 1,535,772 by acquiring an additional 108,594 tokens at an average price of $36.14 per token, in preparation for deploying HYPE into Kinetiq's iHYPE pool, which is designed for institutional participants [2][3][4] Group 1: Company Developments - The acquisition of HYPE tokens is part of Hyperion DeFi's strategy to implement its HyperEVM DeFi strategy and to earn passive staking yields while enhancing capital efficiency [4][6] - Hyperion DeFi is the first public company to utilize Kinetiq's institutional-grade liquid staking solution, indicating a commitment to innovation in decentralized finance (DeFi) [4][5] - The company plans to participate in Kinetiq's kPoints incentive program, which positions it for future growth within the Kinetiq ecosystem [4][6] Group 2: Investor Engagement - Hyperion DeFi will host an investor webinar on July 29, 2025, to discuss its transformation into a publicly listed firm focused on building a strategic treasury around HYPE [7] - The webinar will include a live Q&A session, allowing investors to engage directly with the management team [7] Group 3: Hyperliquid Platform and HYPE Token - Hyperliquid is a layer one blockchain optimized for high-frequency trading, featuring on-chain perpetual futures and spot order books with rapid transaction times [8] - HYPE, the native token of Hyperliquid, provides utility through reduced trading fees and has autonomously sequestered over 25 million tokens as of June 2025, making it the 12th-largest cryptocurrency by market capitalization [9][10] Group 4: Kinetiq Collaboration - Kinetiq's iHYPE deployment is tailored for institutional clients and has quickly amassed over $600 million in Total Value Locked (TVL) within its first week, establishing it as a leading liquid staking protocol on Hyperliquid [15]
Hyper Bit Advances Funds for Purchase of an Additional Ten ElphaPex DG1+ Crypto Miners
Newsfile· 2025-07-28 07:05
Core Viewpoint - Hyper Bit Technologies Ltd. has advanced funds to DogeCoin Mining Technologies Corp. for the purchase of ten additional ElphaPex DG1+ miners, increasing the total to twenty units for mining Dogecoin and Litecoin [1][3]. Group 1: Company Operations - The total investment for the twenty DG1+ miners amounts to USD $108,000, with a unit price of USD $5,400 [1]. - The miners will be installed at a third-party owned facility in Quebec, Canada, which is powered by 11 MW of renewable energy [1][3]. - The company aims to optimize the deployment of these high-efficiency ASIC mining rigs for effective mining operations [3]. Group 2: Company Profile - Hyper Bit Technologies Ltd. specializes in the acquisition, development, and strategic deployment of crypto mining operations and blockchain innovations [4]. - The company is positioned to capitalize on the growing global interest in digital assets, driven by blockchain technology and decentralized finance [4]. - Hyper Bit is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association [4].
Baiya International Group Inc. Positions for Global DeFi Ecosystem Expansion as Starfish’s UpTop.Meme Launches on Binance Alpha
Globenewswire· 2025-07-24 12:00
Core Insights - Baiya International Group Inc. has announced the launch of UpTop.Meme on Binance Alpha, marking a significant step in its strategic commitment to decentralized finance (DeFi) and Web3 [1][5] - The company signed a merger framework agreement with Starfish Technology-FZE to acquire all equity interests and core assets, indicating a transformation into a next-generation capital market participant [4][5] Group 1: Company Developments - The UpTop platform aims to provide on-chain liquidity infrastructure for both native crypto assets and tokenized traditional financial assets, bridging traditional and future finance [3] - The merger with Starfish includes the integration of core assets, technical IP, and the operational team, enhancing BIYA's capabilities in the DeFi space [4] - BIYA's CEO emphasized the importance of UpTop's launch on Binance as a strategic milestone for transitioning into digital capital markets [5] Group 2: Industry Context - By joining Binance Alpha, UpTop gains visibility among elite crypto-native users and becomes a key project within the Binance ecosystem [2] - UpTop is rolling out an airdrop campaign and a global trading competition to incentivize user participation and enhance platform liquidity [2] - The platform supports token trading of equities, treasuries, and more, creating a permissionless global liquidity foundation [3]
Digital Asset Technologies Inc. Welcomes Brian Rose to Advisory Board
Globenewswire· 2025-07-24 11:30
Core Insights - Digital Asset Technologies Inc. (DATT) has appointed Brian Rose to its Advisory Board, enhancing its strategic capabilities in the cryptocurrency and DeFi sectors [1][5] - Brian Rose brings a diverse background in traditional finance, media entrepreneurship, and cryptocurrency education, which will support DATT's initiatives in real-world asset tokenization and decentralized infrastructure [2][3][4] Company Overview - Digital Asset Technologies Inc. is a publicly traded investment issuer focused on equity investments in technology companies, particularly in blockchain technology through its portfolio company, LiquidLink [7] - LiquidLink aims to build secure infrastructure for the tokenized economy, developing products like Xrpfy to enhance trading intelligence and self-custody tools [8][9] Advisory Board Enhancement - The addition of Brian Rose to the advisory board is expected to provide strategic guidance on market trends and community engagement, leveraging his extensive network [4][5] - Rose's experience in simplifying complex topics and building communities is seen as a significant asset for DATT's growth and innovation [5] Stock Options Announcement - DATT has granted stock options to purchase up to 350,000 common shares at a price of $0.25 per share, exercisable for five years, with a vesting period of 12 months [6]
DeFi Technologies' Subsidiary Valour, Surpasses US$1 Billion in Assets Under Management
Prnewswire· 2025-07-22 20:05
Core Insights - DeFi Technologies' subsidiary Valour has surpassed US$1 billion in assets under management (AUM), reaching US$1,009,993,748 as of July 22, 2025, marking a 31% increase from US$771 million on May 30, 2025, driven by strong investor demand and rising digital asset prices [1][2][6] Group 1: AUM Growth and Market Demand - Valour's AUM growth reflects continued investor interest in regulated digital asset products and the increasing market value of the underlying digital assets [2][6] - The company reported earning US$10 million in staking and lending income and US$2.6 million in management fees in Q1 2025, with a blended yield of approximately 8% on staked AUM [8] Group 2: Product Offering and Market Position - Valour offers the most diverse array of digital asset ETPs globally, providing access to a wide range of cryptocurrencies, including major Layer 1s, staking assets, and emerging tokens [3] - The company has over 75 listed products across European exchanges, positioning itself as a leader in regulated digital asset ETPs [4] Group 3: Global Expansion Strategy - Valour is expanding into high-growth international markets, including Asia, Africa, and the Middle East, through strategic partnerships with AsiaNext, SovFi, the Nairobi Securities Exchange, and Misyon Bank [4][7][6] - The partnerships aim to create, issue, and trade digital asset ETPs in emerging markets with developing digital asset infrastructure and regulatory clarity [4][7] Group 4: Revenue Model and Sustainability - Valour employs a vertically integrated model that combines staking, lending, and management fees, generating recurring cash flows and supporting sustainable growth as AUM increases [5][6] - The company retains the 8% blended yield on staked AUM as profit, enhancing its financial sustainability [8]
DeFi Development Corp. to Announce Second Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-07-22 20:00
Company Overview - DeFi Development Corp. (Nasdaq: DFDV) is the first US public company with a treasury strategy focused on accumulating and compounding Solana (SOL) [1][4] - The company provides investors with direct economic exposure to SOL while participating in the growth of the Solana ecosystem [4] Financial Results Announcement - The company will publish its second quarter 2025 financial results and business outlook on August 12, 2025, at approximately 4:00 p.m. Eastern Time [1] - A video update featuring key executives will be uploaded on August 13, 2025, at approximately 8:00 a.m. Eastern Time [2] Strategic Engagement - Management will address strategic highlights and answer pre-submitted questions from retail investors and sell-side analysts [2] - Shareholders can submit and upvote questions starting August 1, 2025, until 24 hours before the video interview [2] Operational Strategy - The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake [4] - DeFi Development Corp. is engaged in decentralized finance (DeFi) opportunities and explores innovative ways to support Solana's application layer [4]
Correction: DeFi Dev Corp. Grows SOL Treasury to 999,999, Raises $19 Million from Equity Line of Credit
Globenewswire· 2025-07-22 13:50
Core Insights - DeFi Development Corp. has updated its SOL holdings to 999,999 SOL and equivalents, reflecting a significant increase in its treasury strategy focused on Solana [2][10] - The company recently purchased 140,383 SOL at an average price of $133.53, totaling approximately $19 million, which includes both spot and discounted locked SOL [3][10] - The company has raised approximately $19.2 million through its Equity Line of Credit, with $5 million remaining for future SOL purchases [5] Company Financials - As of July 20, 2025, the total SOL and equivalents held by the company is valued at approximately $181 million, with an organic growth of about 1,867 SOL earned through staking and onchain activities [10] - The total shares outstanding as of July 18, 2025, is 19,445,837, resulting in a SOL per share (SPS) of 0.0514, which represents a 13% week-over-week increase [10] Staking and Revenue Generation - The company has staked substantially all of its unlocked SOL to its own validator infrastructure, generating native yield and additional revenue from third-party delegated stakes [6][8] - Between July 14 and July 20, the company earned approximately 1,867 SOL from staking, validator, and onchain rewards [6][10] Treasury Strategy - DeFi Development Corp. has adopted a treasury policy that primarily allocates its reserves to SOL, providing investors with direct exposure to the asset while participating in the growth of the Solana ecosystem [8] - The company operates its own validator infrastructure, which not only generates staking rewards but also fees from delegated stakes [8]