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DeFi Development Corp. to Host June 2025 Business Update Call
Globenewswire· 2025-06-16 20:00
Group 1 - The Company, 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 will publish its June 2025 Shareholder Letter and Business Update on June 25, 2025, at approximately 4:00 p.m. Eastern Time [1] - A video update featuring key management will be uploaded on June 26, 2025, addressing strategic highlights and answering pre-submitted questions from investors [2] Group 2 - DeFi Development Corp. has adopted a treasury policy where the principal holding in its treasury reserve is allocated to SOL, providing investors with direct economic exposure to SOL [4] - The Company operates its own validator infrastructure, generating staking rewards and fees from delegated stake, while also engaging in decentralized finance (DeFi) opportunities [4] - The Company serves over one million web users annually, including property owners, developers, and various lenders, applying for billions of dollars in debt financing [6]
DeFi Development Corp. to Host Twitter Spaces Explaining ELOCs, S-1s, and Capital Strategy
Globenewswire· 2025-06-12 17:00
Core Viewpoint - DeFi Development Corp. is hosting a live Twitter Spaces event to discuss its recent S-1 filings, a $5 billion Equity Line of Credit (ELOC), and its public market capital strategy [1][2]. Group 1: Company Overview - DeFi Development Corp. is the first U.S. public company with a treasury strategy focused on accumulating and compounding Solana (SOL) [1][5]. - The company provides investors with direct economic exposure to SOL while participating in the growth of the Solana ecosystem through holding, staking SOL, and operating its own validator infrastructure [5]. - DeFi Development Corp. is engaged in decentralized finance (DeFi) opportunities and is exploring innovative ways to support Solana's expanding application layer [5]. Group 2: Event Details - The live Twitter Spaces event will feature key executives including CEO Joseph Onorati, COO & CIO Parker White, CFO John Han, and Head of IR Dan Kang [2]. - The session will cover the company's approach to fundraising, validator economics, and Solana-native infrastructure, with a live Q&A segment [2]. Group 3: Financial Strategy - The company has announced a $5 billion Equity Line of Credit (ELOC) to support its mission of accumulating more SOL and growing SOL per share [1][9]. - The event will provide insights into how the ELOC compares to other financing tools and the implications of the S-1 filing for capital flexibility [9].
DeFi Development Corp. Announces $5 Billion Equity Line of Credit
Globenewswire· 2025-06-12 12:00
BOCA RATON, FL, June 12, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company” or “DeFi Dev Corp.”), the first U.S. public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced it has entered into a share purchase agreement (the “ELOC”) with RK Capital Management LLC (“RK Capital”). Under the ELOC, the Company will have the right, but not the obligation, to issue and sell up to $5 billion in shares of its common stock to RK Capital, subject ...
DeFi Dev Corp. Partners with Drift Protocol to List dfdvSOL Liquid Staking Token
Globenewswire· 2025-06-06 12:00
Core Viewpoint - DeFi Development Corp. has announced a strategic partnership with Drift Protocol to enhance the utility of its liquid staking token, dfdvSOL, within the Solana ecosystem, aiming to provide new opportunities for market participants [1][2][3]. Company Overview - DeFi Development Corp. is the first US public company with a treasury strategy focused on accumulating and compounding Solana (SOL) [1][6]. - 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 [6]. Partnership Details - The collaboration with Drift Protocol will integrate dfdvSOL into Drift's borrow/lend market, expanding its utility and offering new ways for users to access rewards [2][3]. - Future plans include exploring the tokenization of DFDV's publicly traded stock and other tokenized equity assets within Solana's DeFi ecosystem [3]. Product Information - dfdvSOL, developed by Sanctum in May 2025, is a liquid staking token that allows stakers to earn rewards while maintaining flexibility across DeFi applications [4].
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]
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 ...
DeFi Development Corp. to Speak at Maxim Group’s 2025 Virtual TMT Conference
Globenewswire· 2025-06-02 15:00
BOCA RATON, FL, June 02, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) the first US-listed public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced that Head of Investor Relations Dan Kang will be speaking at Maxim Group’s 2025 Virtual Tech Conference on Thursday, June 5, 2025, at 10:00 a.m. Eastern Time. To attend the event, register at: https://m-vest.com/events/tmt-06032025 For more information, visit defidevcorp.com. To st ...