About DeFi Development Corp. DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve on the balance sheet will be allocated to Solana (SOL). In adopting its new treasury policy, the Company intends to provide investors a way to access the Solana ecosystem. The Company's treasury policy is expected to provide investors economic exposure to SOL investment. BOCA RATON, FL, May 06, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV ...

Core Viewpoint - 21Shares AG has launched the 21Shares Cronos ETP, providing regulated exposure to the Cronos blockchain and its native token CRO, aimed at facilitating investment in the rapidly growing blockchain ecosystem [1][3]. Company Overview - 21Shares is one of the largest issuers of crypto exchange-traded products (ETPs) globally, with a mission to make cryptocurrency more accessible to investors and bridge traditional finance with decentralized finance [4]. - The company has a seven-year track record of creating crypto ETPs and is backed by a specialized research team and deep capital markets expertise [4]. Product Details - The 21Shares Cronos ETP is listed on Euronext Paris and Euronext Amsterdam under the ticker CRON, with a management fee of 2.50% [2]. - The Cronos blockchain is designed for scalability, low costs, and interoperability, supporting decentralized finance (DeFi), NFTs, and Web3 applications [2][3]. Industry Context - Cronos is positioned at the intersection of centralized access and decentralized innovation, aiming to drive real-world adoption and the future of Web3 [3]. - The Cronos ecosystem includes three chains: Cronos (EVM), Cronos POS, and Cronos zkEVM, safeguarding over $6 billion in user assets and having settled more than 100 million transactions since its launch in 2021 [6][7]. Strategic Partnerships - Crypto.com, a major player in the cryptocurrency industry, supports the Cronos ecosystem and partners with 21Shares to enhance exposure to Cronos and Web3 infrastructure [3][8]. - The Cronos Labs initiative, with a $100 million startup accelerator, focuses on fostering innovation within the Cronos ecosystem [7].

Core Insights - The partnership between Coinbase and PayPal aims to enhance the adoption of PayPal's stablecoin, PYUSD, making it easier for users to buy and utilize [1][3] - Stablecoins, like PYUSD, are pegged to real-world assets, providing a less volatile payment method compared to traditional cryptocurrencies [2][5] - The collaboration is expected to facilitate the use of PYUSD in decentralized finance (DeFi), allowing users to manage funds without intermediaries [3][4] Company Developments - PayPal's PYUSD was introduced in 2023 but has not yet captured significant market share from established competitors like USDC and Tether [5] - The deal with Coinbase is seen as a strategic move to disrupt the current stablecoin market and position PayPal as a key player [5][12] - PayPal has over 425 million user and merchant accounts and processed nearly $1.7 trillion in payments in 2024, indicating its substantial market presence [12] Industry Trends - The stablecoin transfer volume reached $27.6 trillion in 2024, surpassing the combined volume of Visa and Mastercard, highlighting the growing importance of stablecoins in the crypto ecosystem [6] - Increased adoption of DeFi is still developing, facing challenges such as limited utility and regulatory concerns, but it represents a potential use case for cryptocurrencies [4][14] - The Coinbase-PayPal partnership is viewed as a significant step towards mainstream crypto adoption, which is essential for the long-term success of the cryptocurrency market [12][14]

Group 1 - DeFi Development Corp. will begin trading under the new ticker symbol "DFDV" on the Nasdaq Capital Market effective May 5, 2025, reflecting a corporate name change and a strategic shift towards a crypto-forward treasury model anchored in Solana (SOL) [1][2] - The company's treasury policy will allocate its principal holding in the treasury reserve to Solana (SOL), providing investors access to the Solana ecosystem and economic exposure to SOL investment [3] Group 2 - The company serves over one million web users annually, including multifamily and commercial property owners, developers, and various lenders, applying for billions of dollars in debt financing each year [5] - The data and software offerings are primarily provided on a subscription basis as software as a service (SaaS) [5]

Core Viewpoint - DeFi Development Corp. has announced a private investment in public equity (PIPE) financing expected to generate approximately $24 million in gross proceeds, aimed at enhancing its treasury policy focused on Solana (SOL) accumulation [1][2][4] Group 1: Financing Details - The company is selling around 310,000 shares of common stock and pre-funded warrants for approximately 215,000 shares at a price of $46.00 per share [2] - Net proceeds from this financing will be allocated for general corporate purposes, particularly for the continued accumulation of Solana (SOL) [2] Group 2: Corporate Governance - The controlling stockholders have provided written consent for the issuance of shares related to the pre-funded warrants, complying with Nasdaq listing rules [3] - An information statement will be issued to stockholders detailing the corporate action, in accordance with Section 14(c) of the Securities Exchange Act of 1934 [3] Group 3: Strategic Objectives - The CEO stated that this financing is a significant step towards building a transparent, crypto-native treasury vehicle in public markets, allowing for rapid scaling of the company's SOL position [4] - As of the announcement, the company holds approximately 317,273 SOL valued at around $46.2 million, including staking rewards, and is committed to long-term holding and active staking of its SOL [4][7] Group 4: Regulatory Compliance - The securities are being offered in a private placement under Section 4(a)(2) of the Securities Act of 1933 and have not been registered, limiting resale options [5] - A registration rights agreement has been established, obligating the company to file a registration statement with the SEC for the resale of common stock shares [5]

Company Overview - Dogecoin Cash, Inc. has finalized its corporate name change, which is now reflected across U.S. stock market systems following notification from FINRA [1] - The name change was authorized through a Certificate of Amendment filed with the Nevada Secretary of State on November 13, 2024, and became market effective on April 25, 2025 [2] - The trading symbol (CBDS) remains unchanged at this time [3] Business Operations - Dogecoin Cash, Inc. operates PrestoDoctor, a leader in medical cannabis telemedicine [4] - The company holds the first patented cannabis strain, Ecuadorian Sativa aka "CTA", and a patented cannabis lozenge for hypertension treatment [4] - Dogecoin Cash, Inc. is engaged in cannabis product development, licensing, and blockchain innovation, leveraging emerging digital assets and decentralized finance (DeFi) solutions [4]

Core Viewpoint - BTCS Inc. is strategically expanding its Ethereum holdings and staking operations by leveraging decentralized finance (DeFi) through borrowing on AAVE, aiming to capitalize on current market conditions [2][3][4]. Group 1: Strategic Initiatives - The company is borrowing USDT via AAVE, using ETH as collateral, to acquire additional ETH and enhance its staking operations [3][4]. - BTCS believes that Ethereum is at or near a cyclical bottom, presenting a compelling opportunity for investment [3][4]. Group 2: Financial Strategy - By utilizing AAVE for borrowing, BTCS can access capital at attractive rates, historically below 5%, without diluting equity, thus preserving shareholder value [4]. - The initiative is part of a broader strategy to grow revenue and improve margins through increased participation in Ethereum's consensus mechanism [5]. Group 3: Company Overview - BTCS Inc. focuses on blockchain infrastructure technology, particularly in block building and validator node management, and operates a branded block-building operation called Builder+ [6]. - The company also supports other blockchain networks by operating validator nodes and staking crypto assets across multiple proof-of-stake networks [6].

Coinbase platforms to provide fee-free purchases and easy 1:1 redemption of PayPal USD while companies jointly explore new payment use cases SAN JOSE, Calif., April 24, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) and Coinbase Global, Inc. (NASDAQ: COIN) today announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue ...

Core Viewpoint - DeFi Development Corporation has strategically acquired approximately 65,305 Solana (SOL) tokens, increasing its total holdings to about 317,273 SOL, valued at $48.2 million, which includes staking rewards [1][8]. Group 1: Acquisition Details - The recent purchase includes locked SOL sourced via BitGo's OTC desk, allowing the company to acquire tokens below market prices while aligning with the Solana ecosystem [1][3]. - Locked SOL refers to tokens under contractual restrictions that cannot be transferred on-chain until their unlock period expires, but can be traded over-the-counter [2]. Group 2: Treasury Policy - The company has adopted a treasury policy that allocates its principal holding in treasury reserves to Solana (SOL), providing investors access to the Solana ecosystem [4]. - The treasury policy aims to offer economic exposure to SOL investment for investors [4]. Group 3: Financial Metrics - Total SOL held by the company is 317,273, valued at approximately $48.2 million [8]. - The total shares outstanding are approximately 1.5 million, resulting in a SOL per share (SPS) of 0.22, valued at $32.88 per share, with a 40% growth in SPS compared to the last purchase [8].

BOCA RATON, FL, April 22, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corporation (NASDAQ:JNVR) (the "Company") today announced that it will host a live Twitter Spaces conversation on Thursday, April 24, 2025, at 11:30 a.m. Eastern Time, titled "Scaling Solana: Builders, Backers, & Believers." The conversation will bring together leading voices in the Solana ecosystem for a candid and in-depth discussion of Solana's growth, infrastructure, and capital markets trajectory. What Listeners Can Expect: A behind-th ...