Centralized Finance (CeFi)

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Coinbase Adds DEX Trading: Can it Unlock Millions of On-Chain Assets?
ZACKS· 2025-08-11 18:16
Key Takeaways Coinbase added DEX trading to its app for U.S. users, excluding New York State.The move expands access from 300 tokens to potentially millions of assets instantly.DEX integration supports Coinbase's goal of a unified centralized and DeFi platform.Coinbase Global (COIN) has rolled out an integrated decentralized exchange (DEX) trading feature within its main app for U.S. users, excluding those in New York State. This enhancement enables users to trade Base-native tokens and a vast range of dece ...
DeFi Dev Corp. Announces Adoption of Liquid Staking Token Technology Developed by Sanctum; DFDV Becomes the First Public Company to Invest in Liquid Staking Tokens
Globenewswire· 2025-05-28 12:00
Core Viewpoint - DeFi Development Corp. has adopted liquid staking token technology to enhance its treasury strategy focused on accumulating and compounding Solana (SOL) [1][2][3] Group 1: Adoption of Liquid Staking Token Technology - The company will invest part of its SOL treasury in dfdvSOL, a liquid staking token representing stake delegated to its validators [1][2] - Liquid staking tokens allow users to stake SOL tokens while maintaining liquidity, thus unlocking staking rewards [2][4] - The adoption of this technology is expected to improve the company's validator operations and treasury management, aligning with its goal to maximize SOL Per Share (SPS) growth [2][3] Group 2: Strategic Positioning and Growth - DeFi Development Corp. aims to expand its presence within the Solana ecosystem and explore additional growth avenues through the adoption of Sanctum technology [3][4] - This initiative positions the company as the first publicly traded entity to own liquid staking tokens on Solana, reinforcing its status as a leading crypto-native treasury model [3][4] - The company intends to provide further details on the rollout and integration of dfdvSOL and other liquid staking tokens in the near future [4] Group 3: Operational Insights - DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake, while also engaging in decentralized finance opportunities [6] - Users can stake SOL tokens to validators operated by the company and receive dfdvSOL tokens, which represent the underlying staked SOL plus accumulated rewards [8] - dfdvSOL tokens can be utilized across various decentralized and centralized finance applications or redeemed for the underlying staked SOL via the Sanctum protocol [8]