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Globe and Mail
5 days ago
- Business
- Globe and Mail
DeFi Dev Corp. Announces Global Expansion Through Strategic Treasury Franchising Model
BOCA RATON, FL, July 17, 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 the launch of its international expansion initiative: a strategic franchise model designed to support regional public Solana treasury vehicles around the world. This initiative, branded as the DFDV Treasury Accelerator, is launching with support from a consortium of global partners – Kraken, Pantera, Arrington, RK Capital, and Borderless Capital – who are expected to support the launch of new regional vehicles through potential investment, strategic guidance, and infrastructure. DFDV is actively developing five Treasury Accelerator regions and onboarding new geographies into the pipeline each week. Under this framework, DFDV will provide franchise partners with operational, strategic, and technical infrastructure - including validator and asset management solutions, treasury and fundraising guidance, and brand alignment - while retaining equity stakes in each regional vehicle. These structures are designed to provide partners the benefit of the DFDV playbook while aligning long-term incentives through board representation, validator delegation, and equity ownership. 'This model allows us to scale globally and support SOL accumulation without taking on any share dilution,' said Joseph Onorati, CEO of DeFi Dev Corp. 'We're exporting our framework for Solana treasury accumulation, while bringing global partners into the DFDV orbit, all aligned through economics, staking, and shared infrastructure. The opportunity is massive.' This initiative represents a new frontier for crypto-native capital formation and deepens DFDV's role as a Solana-native financial platform. With validator revenue, equity participation, and onchain integration across franchisees, this model adds structural reinforcement to DFDV's core mission: maximizing SOL per share (SPS) over time. 'Most crypto treasury vehicles today are following the MicroStrategy model. What excites us about DFDV is that they're not just copying the playbook. They're evolving it,' said Cosmo Jiang, General Partner at Pantera Capital. 'By combining validator infrastructure, capital markets innovation, and now international expansion via a global franchising model, DFDV is building something structurally different and ahead of the curve.' DFDV expects to provide further updates on its franchising efforts, including additional partner announcements in the weeks ahead. About DeFi Development Corp. DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana's expanding application layer. The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage. The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts ('REITs'), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities ('CMBS') lenders, Small Business Administration ('SBA') lenders, and more. The Company's data and software offerings are generally offered on a subscription basis as software as a service ('SaaS'). Forward-Looking Statements This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release include statements regarding the Company's SPS objectives and can be identified by words such as: "anticipate," "intend," "plan," "believe," "project," "estimate," "expect," strategy," "future," "likely," "may,", "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The Company's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated losses that the Company may incur as a result of a decrease in the market price of SOL; (ii) the Company's ability to earn SOL staking rewards; (iii) our ability to access sources of capital, including debt financing and other sources of capital to finance SOL acquisitions, operations and growth; (iv) volatility in our stock price, including due to future issuances of common stock and securities convertible into common stock; (v) the effect of and uncertainties related the ongoing volatility in interest rates; (vi) our ability to achieve and maintain profitability in the future; (vii) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (viii) changes in the accounting treatment relating to the Company's SOL holdings; (ix) our ability to respond to general economic conditions; (x) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; and (xi) other risks and uncertainties more fully in the section captioned 'Risk Factors' in the Company's most recent Annual Report on Form 10-K and other reports we file with the Securities and Exchange Commission. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
Yahoo
03-07-2025
- Business
- Yahoo
DeFi Development Corp. Announces June 2025 Business Update
BOCA RATON, FL, July 02, 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 released its June 2025 Shareholder Letter and Business Update. To read the full update, please visit: A video update featuring CEO Joseph Onorati, CFO John Han, COO & CIO Parker White, and Head of Investor Relations Dan Kang will be uploaded to tomorrow, July 3, 2025, at approximately 8:00 a.m. Eastern Time. Management will address strategic highlights and take questions submitted in advance by both retail investors and sell-side analysts. For more information, visit To stay up-to-date with the latest developments and insights, subscribe to our blog. About DeFi Development Corp. DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana's expanding application layer. The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage. The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts ('REITs'), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities ('CMBS') lenders, Small Business Administration ('SBA') lenders, and more. The Company's data and software offerings are generally offered on a subscription basis as software as a service ('SaaS'). Investor Contact:ir@ Media Contact:Prosek Partners pro-ddc@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
Tokenized Shares of Solana Treasury Company Defi Dev Coming to Kraken
DeFi Development Corp. (DFDV), the Nasdaq-listed firm with a crypto treasury strategy focused on Solana SOL, is bringing its equity onto blockchain rails through crypto exchange Kraken's upcoming tokenized stock trading venue. The company's shares will be tokenized under the ticker DFDVx on the Solana network, joining a select group of tokenized versions of major stocks like Apple and Tesla on Kraken's upcoming xStocks platform, a Monday press release said. In practice, a developer might integrate DFDVx into a decentralized finance (DeFi) application, allowing users to hold, trade, or even borrow against shares of a Nasdaq-listed company directly on a blockchain. CEO Joseph Onorati called the tokenized equity 'a DeFi lego block,' suggesting that it could serve as a building block for more complex financial instruments. The listing comes as interest in tokenization of real-world asset (RWA) such as equities, funds and real estate is rising. Tokenization allows traditional financial products to trade around-the-clock, settle faster and develop use cases in decentralized finance (DeFi) applications. It's potentially a massive opportunity: the market size of all tokenized RWAs could reach $18.9 trillion by 2033 with on-chain equities being one of the main group of assets, according to a report by BCG and Ripple. Rival exchange Coinbase reportedly also seeks regulatory approval to offer tokenized stock trading. "We view the tokenization of our stock as a DeFi lego block, one that developers and institutions can build on top of," said Joseph Onorati, CEO of DeFi Dev. "As part of the xStocks alliance, we have seen incredible demand for access to US equities; the crypto community is excited for on-chain access to crypto treasury strategy companies like DFDV," said Val Gui, general manager of xStocks for Kraken.
Globe and Mail
17-06-2025
- Business
- Globe and Mail
DeFi Development Corp. to Host June 2025 Business Update Call
BOCA RATON, FL, June 16, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the 'Company'), the first US public company with a treasury strategy built to accumulate and compound Solana ('SOL'), today announced it will publish its June 2025 Shareholder Letter and Business Update on its website at on Wednesday, June 25, 2025, at approximately 4:00 p.m. Eastern Time. A video update featuring CEO Joseph Onorati, CFO John Han, COO & CIO Parker White, and Head of Investor Relations Dan Kang, will be uploaded to on June 26, 2025, at approximately 8:00 a.m. Eastern Time. Management will address strategic highlights and take questions submitted in advance by both retail investors and sell-side analysts. Starting on June 16 at 4:00 p.m. Eastern Time, all shareholders will be able to submit and upvote questions for DFDV management by visiting here. This Q&A platform will remain open until 24 hours before the shareholder letter is published. For more information, visit To stay up to date with the latest developments and insights, subscribe to our blog. About DeFi Development Corp. DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana's expanding application layer. The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage. The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts ('REITs'), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities ('CMBS') lenders, Small Business Administration ('SBA') lenders, and more. The Company's data and software offerings are generally offered on a subscription basis as software as a service ('SaaS').
Yahoo
12-06-2025
- Business
- Yahoo
DeFi Adding $5B of Solana Buying Power With New Line of Credit
DeFi Development (DFDV), the Nasdaq-listed firm pursuing a solana SOL treasury strategy, is planning to get some more dry powder to boost its SOL stack. According to a Thursday press release, the company has secured a $5 billion equity line of credit with RK Capital Management. The agreement allows DeFi Dev to sell shares at its discretion, so long as it meets conditions like filing a resale registration with the U.S. Securities and Exchange Commission. The company said it plans to file the necessary paperwork soon. "We now have the flexibility and structure we need to scale," said Joseph Onorati, Chief Executive Officer. "This is a clean, strategic path to continue growing SOL per share and compounding validator yield." DFDV shares rebounded from early losses and were up 12% during the Thursday session. The company, formerly known as real estate tech platform Janover, is part of a growing trend of publicly-traded firms raising funds by selling shares and debt to add cryptocurrencies on their balance sheet, following Strategy's playbook with bitcoin BTC. The firm focuses on Solana, accumulating the network's native token and operating validators. It held over 609,000 SOL tokens as of May 16, worth $96 million at current prices. The latest move comes shortly after the firm withdrew a previous filing for a $1 billion share sale, with plans to refile again. Sign in to access your portfolio
