BOCA RATON, Fla., May 14, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (“DeFi Dev Corp” or the “Company”), a public-market vehicle focused on long-term Solana (“SOL”) accumulation, today announced financial results for the first quarter ended March 31, 2025, and provided a strategic update on recent treasury activity. Q1 2025 Financial Highlights: 379% year-over-year improvement in annual recurring revenue related to SaaS businessSaaS revenue of approximately $191,000, up 163% year-over-ye ...

Group 1 - GD Culture Group Limited ("GDC") has entered into a Common Stock Purchase Agreement to sell up to $300 million of its common stock [1] - Proceeds from the stock sale will support the Company's crypto asset treasury strategy, including the purchase of Bitcoin and OFFICIAL TRUMP [2] - GDC aims to enhance its balance sheet with high-performance digital assets and align with the decentralized finance (DeFi) ecosystem [3] Group 2 - The adoption of crypto assets as treasury reserve holdings is a strategic move reflecting industry trends and GDC's strengths in digital technologies and livestreaming e-commerce [4] - GDC's partnership with the Investor is expected to provide strong momentum for its initiatives and reinforce its leadership in blockchain-driven industrial transformation [4] - The Company plans to enter the livestreaming market with a focus on e-commerce through its subsidiary, AI Catalysis [5]

BOCA RATON, FL, May 12, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) announced today the purchase of 172,670 Solana (“SOL”) at an average purchase price of $136.81 and valued at approximately $23.6 million. This marks the Company’s 10th Solana purchase under its digital asset treasury strategy and the largest purchase to date. Following the transaction, DeFi Development Corp. now holds a total of 595,988 SOL, valued at approximately $102.7 million, inclusive of staking rewa ...

Valour Launches CRV and LTC ETPs on Spotlight: Valour, a subsidiary of DeFi Technologies, has listed the Valour Curve DAO (CRV) and Valour Litecoin (LTC) SEK ETPs on Sweden’s Spotlight Stock Market, further expanding its Nordic footprint.Comprehensive Digital Asset Exposure: With over 65 ETPs live, Valour is advancing toward its 100 ETP goal with new single-asset, thematic basket, and leveraged products—including upcoming listings for Tron (TRX), Stellar (XLM), BTC 2x, and ETH 2x.Continued Product Innovatio ...

Core Viewpoint - Dogecoin Cash, Inc. has finalized its stock dividend distribution, with a payment date set for May 9, 2025, and the record date remaining November 25, 2024, with no changes to the amount or terms of the dividend [1][3][4]. Group 1: Dividend Details - The stock dividend consists of a new class of preferred stock, where shareholders will receive one share of unrestricted preferred stock for every 1,000 shares of common stock held as of the record date [4]. - The preferred stock, designated as Series A Preferred, allows holders to receive one share of common stock annually per preferred share, contingent upon declaration by the Board of Directors [5]. - The preferred stock is not convertible but can be redeemed at the company's discretion at a rate of ten shares of common stock for each preferred share before October 25, 2034 [5]. Group 2: Company Overview - Dogecoin Cash, Inc. operates in the blockchain innovation sector and owns PrestoDoctor, a leader in medical cannabis telemedicine [7]. - The company holds a patented cannabis strain and a patented cannabis lozenge for hypertension treatment, and is involved in cannabis product development and licensing [7]. - Dogecoin Cash, Inc. is leveraging emerging digital assets and decentralized finance solutions to enhance its offerings and create new market opportunities [7].

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]

BOCA RATON, FL, May 02, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: JNVR) (“DeFi Dev Corp” or the “Company”) announced today that it will begin trading under its new ticker symbol “DFDV” on the Nasdaq Capital Market, effective at market open on May 5, 2025. The change reflects the Company’s previously announced corporate name change, deemed market effective by Nasdaq from May 5, 2025, and declared effective as of April 17, 2025 (as previously disclosed), and its strategic shift toward a crypto- ...

BOCA RATON, May 01, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: JNVR) (“DeFi Dev Corp” or the “Company”) today announces that it has entered into a securities purchase agreement for a private investment in public equity (“PIPE”) financing that is expected to result in gross proceeds of approximately $24 million to the Company, before placement agent fees and offering expenses. Investors include Galaxy Digital, Amber International Holding Limited (Nasdaq: AMBR), Arrington Capital, Republic Digit ...

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]