From GlobeNewswire: 2025-05-14 08:00:00

DeFi Development Corp. (Nasdaq: DFDV) reported a 379% year-over-year increase in SaaS revenue, reaching $191,000, along with a 31% improvement in cash flow and 19% reduction in net loss from operations in Q1 2025. The company acquired over 500,000 SOL, formed partnerships with BitGo and Kraken, and bought 172,670 SOL on May 12, 2025, totaling 595,988 SOL in treasury holdings.

Joseph Onorati, CEO of DeFi Development Corp., highlighted recent transformative treasury activities, including SOL accumulation and validator acquisition, to enhance shareholder value. The company aims to grow SOL per share, ensure operational discipline, and maximize transparency for investors. Full financial details are available in the company’s Form 10-Q filed on May 14, 2025.

DeFi Development Corp. has implemented a treasury policy focusing on SOL investments, offering economic exposure to the Solana ecosystem. The company serves over one million web users annually in the commercial real estate sector, providing data, software subscriptions, and value-added services. Forward-looking statements warn of uncertainties in market conditions and regulations affecting the company’s financial performance and operations.



Read more at GlobeNewswire:: DeFi Development Corp. Reports First Quarter 2025 Financial