From Yahoo Finance: 2025-04-23 13:35:00

DeFi Development Corporation (formerly Janover) purchased 65,305 Solana (SOL) tokens, bringing their total holdings to 317,273 SOL valued at $48.2 million. They acquired locked SOL through BitGo for long-term staking. The company’s strategic treasury approach aims to align with the Solana ecosystem.

Previously known as Janover, DeFi Development Corporation shifted to a crypto treasury vehicle for public market investors. They recently bought $10.5 million worth of SOL, following earlier purchases totaling $4.6 million. These moves reflect the company’s commitment to its digital asset treasury strategy.

DeFi Development appointed Fei “John” Han as CFO and Dan Kang as Head of Investor Relations. The company will change its ticker symbol to “DFDV” on the Nasdaq. Their SOL holdings, acquired through a strategic treasury approach, will be staked to generate revenue and support the Solana network.



Read more at Yahoo Finance: DeFi Development Adds $9.9 Million In Solana Tokens Underscoring Its Commitment Towards Digital Asset Treasury Strategy