what's DeFi Development Corp.?
DeFi Development Corp. is a publicly traded company listed on Nasdaq under the ticker DFDV, pioneering the model of a Digital Asset Treasury (DAT) dedicated to accumulating Solana (SOL) as its primary reserve asset. The company operates as a Solana treasury vehicle, strategically acquiring and holding SOL to provide investors with exposure to the Solana ecosystem through traditional equity markets. It emphasizes compounding SOL per share (SPS) metrics and has introduced innovations like tokenized shares on Solana via partnerships with exchanges such as Kraken. The firm expands its influence through a Treasury Accelerator program, franchising its Solana treasury model globally to establish regional entities like DFDV UK, DFDV KR, and DFDV JP. These initiatives aim to bridge traditional finance with on-chain markets, enabling localized SOL accumulation and institutional adoption. Collaborations with ecosystem players, such as Superteam Japan and restaking protocols like Fragmetric, further integrate DeFi Development Corp. into Solana's infrastructure, supporting activities like staking and restaking to enhance treasury yields. As the first non-Bitcoin treasury strategy to issue forward-looking SPS guidance, DeFi Development Corp. positions itself as a key player in institutional crypto adoption, focusing on Solana's high-performance attributes like speed, low fees, and scalability to drive long-term value for shareholders.
DeFi Development Corp. expanded its board of directors in January 2026.
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x.com/defidevcorpIntroduced Apyx, the first dividend-backed stablecoin protocol.
Expanded board of directors in January 2026.
Suspected insider trading occurred before an announcement, with a trader turning $4.1K into $1.13M (276× return) on $DONT memecoin within 3 hours on Solana.
Launched a meme coin (ticker: DONT) with 30% of total supply allocated to the company's balance sheet to be held permanently without distribution.
DeFi Development Corp. partnered with Solstice Finance.
Partnered with Hylo.
Hosted Solana Breakout conference from 2026-02-10 to 2026-02-12, featuring Helius, Solflare, Bonk, Kamino, Gauntlet, Solana Foundation, Remora Markets, Crypto Accounting Group, and doublezero.
Announces partnership with Perena to grow stablecoin yield for SOL accumulation and SOL-per-share growth for $DFDV.
Partnership announced with Perena to generate stablecoin yield for additional SOL accumulation and SOL per share growth.
Harmonic, an open block building system optimized for validator revenue and throughput, is now running across all DFDV validators.
Partners with Harmonic and deploys their open block building infrastructure across all DFDV validators to capture more MEV, priority fees, and revenue, increasing SOL-per-share.
Supports Monke Business event at Breakpoint conference, presented with Tessera_PE and co-supported by Alchemy.
Joins Network's Airdrop Farmers program according to announcement by @solace_fm.
Signs Letter of Intent with Loopscale, a SOL DeFi protocol, to become a premier partner in the $DFDV yield strategy using stablecoin and SOL yield to increase SOL per share.
Q3 earnings show $59M net income and 11.4% organic yield (above 10% guidance), with SOL holdings growing to 2,221,000 (+13% QoQ, 0.0700 SOL/share).
Announces preferred stock offering to expand capital base and fund additional SOL accumulation for its treasury.
Treasury Talk scheduled for November 3 at 6pm UTC to discuss SOL and DFDV treasury matters.
Announces first-ever Solana Investor Day (SOLID) in NYC this Wednesday with 100 institutional attendees from major TradFi asset managers and investment banks.
The project issues preferred shares and plans an IPO, with raised funds potentially used to purchase SOL tokens rather than buyback shares.
Announces webinar on November 3rd at 1:00 PM EST with Solana and Gauntlet representatives to provide technical deep dive on the market-neutral basis trade strategy leveraging Drift Protocol to maximize SOL per share.
Announces dividend of warrants for stockholders.
The CEO of Citadel owns 4.5% of the project, representing their largest Solana holding.
13G filing reveals Ken Griffin's Citadel holds a 4.5% stake, representing Citadel's largest SOL DAT holding to date.
Warrant dividend details announced: 1 warrant issued per 10 shares held, with $22.50 strike price and January 21, 2028 expiration. Warrants begin trading on Nasdaq as $DFDVW around October 27, 2025.
Announces webinar on October 23rd at 12pm ET with Gauntlet to detail the active treasury strategy using Drift Protocol vaults.
October 23 set as the record date for warrant dividend distribution to shareholders.
On-chain data reveals treasury increasing BTC, ETH, and SOL holdings.
DFDV purchases $16M worth of SOL tokens, adding to its treasury holdings.
Recent acquisition of 86,307 SOL brings total treasury holdings to 2.19M SOL valued at $426M.
Buys 86,307 SOL for $9.6M, now holds 2,195,926 SOL worth $402.5M.
Treasury acquires additional 86,307 SOL at average price of $110.91, expanding total holdings to approximately 2.19 million SOL.
Partners with fragmetric to restake SOL holdings in DAT portfolio at 9%+ APY.
Launches the first Solana Treasury Project in Japan.
Announces special dividend distribution of tradable warrants (1 warrant per 10 shares held as of Oct 23) with $22.50 exercise price, potentially raising up to $73.5M for SOL-focused strategy.
Trading below $20 per share, down from $30 reported on June 12th.
Expands stock buyback program from $1M to $100M, a 100x increase representing a major capital allocation shift toward shareholder returns.
Partnership announced with Gauntlet to implement advanced, risk-adjusted yield strategies on Drift Protocol, moving treasury and dfdvSOL LST beyond traditional staking.
Digital Asset Treasuries expand into DeFi through collaboration with Sanctum platform for yield opportunities.
Plans to launch first Solana Digital Asset Treasury in South Korea via acquisition of publicly listed company in partnership with @fragmetric.
The company expands its Treasury Accelerator program, committing $5M-$75M per vehicle to back Digital Asset Treasuries worldwide using cash or SOL deployments to compound their SOL treasury.
Team provides expert commentary on new NASDAQ rules for Digital Asset Trading in live educational sessions.
SOL treasury expands to 2.028M, achieving #2 ranking among Solana treasury companies.
Treasury expands to 2.02M SOL ($400M+) with new 196,141 SOL acquisition at $202.76 average price.
Expands operations to UK market, enabling new SOL accumulation strategies.
First Solana-focused treasury vehicle launches in the UK market, expanding institutional presence.
New acquisition of 407,247 SOL ($77M) increases holdings to 1.83M SOL, with $40M reserved for future purchases.
Treasury reveals 5 distinct yield generation strategies leveraging high-speed execution networks for DAT market advantage.
$125M raised for Solana treasury expansion with focus on Sol Per Share (SPS) metric
$125M raised to expand Solana treasury holdings beyond current 1.42M SOL position.
New staking partnership launches with Dogwifhat, featuring 50/50 reward split between DFDV and WIF holders
Solana validator and custom domain service (.dfdv) launching through AllDomains partnership
Treasury company reports +2,625% growth since announcement and +50% MTD performance, verified by CNBC.
Treasury expands to 1.42M SOL ($273M) with new 110,000 SOL addition; SOL per share up 48% in 30 days.
New validator partnership includes 50/50 split of staking rewards between WIF community and treasury.
Treasury expands to 1.3M SOL (~$250M+) with SPS reaching 0.0619, marking continued growth in holdings and value per share.
Purchases 110,466 SOL ($18.4M), bringing total holdings to 1.29M SOL (~$209M).
Treasury expands with 110K+ SOL purchase (~$210M), raising SPS to 0.0618.
Strategic partnership formed with Solflare, integrating with wallet provider serving 4M+ users globally.
New SOL acquisition of 181,303 tokens pushes total holdings to 1.18M SOL ($218M).
Treasury acquires 181,303 SOL ($33M), increasing total holdings to 1,182,685 SOL ($218M) with SPS at 0.0575.
UpexiTreasury and defidevcorp acquire $48M worth of SOL tokens.
Treasury acquires 141,383 SOL at $133, reaching 999,999 SOL total ($192M), becoming largest public company SOL holder.
Treasury increases to $133M while launching global Treasury Accelerator program with Kraken, Pantera, and Arrington support, expanding to 5 new regions.
Major treasury firm acquires 153,225 SOL, becoming largest public company holder with 846,630 SOL ($133.1M) treasury.
Treasury increases holdings by 47,272 SOL to reach 690,420 SOL ($102.7M total).
Acquires additional 17,760 SOL, bringing total holdings to 640,585 SOL valued at $98.1M.
Whale wallet accumulates 17,760 SOL, now holds 640,585 SOL ($98M total).
$100M raise planned to accumulate SOL ahead of accelerated ETF approval timeline
$100M private convertible note offering announced for SOL accumulation strategy.
Launches tokenized stocks platform on Solana blockchain.
New validator partnership established with WIF to enhance network infrastructure.
New partnership with Dogwifcoin launches validator service on Solana with shared rewards system.
Kraken lists $DFDVx alongside major tech stocks as first tokenized U.S. crypto treasury strategy.
New Kraken partnership enables first U.S.-listed crypto treasury stock tokenization on Solana via xStocks platform.
Wall Street firm Cantor Fitzgerald initiates coverage with Outperform rating and 74.9% upside target.
Current market cap stands at $441M with 14.7M shares outstanding at $30/share. Realistic fundraising scenarios range from $75-100M base case to maximum $500M moonshot case.
New partnership with Nasdaq-listed Amber Premium ($AMBR) to develop institutional-grade Solana yield products.
Partners with Fragmetric to expand restaking functionality for $dfdvSOL liquid staking token.
New liquid staking token dfdvSOL launches for validator staking business enhancement.
Now listed on Frankfurt Stock Exchange with trading available on Trade Republic platform for European investors.
New Frankfurt Stock Exchange listing enables European investor access to Solana treasury strategy.
New Kamino Finance integration expands LST utility and boosts shareholder value through enhanced SPS mechanics.
Options trading now available on CBOE and Nasdaq under ticker DFDV.
Options trading now available on CBOE and NASDAQ, expanding market access and liquidity.
COO scheduled to present at Solana Accelerate conference, showcasing recent growth and market performance.
Strategic expansion into Solana validator operations to enhance ecosystem position and value creation.
AMBR invests in DFDV through $100M ecosystem reserve plan, identifying it as leading Solana ecosystem treasury operator.
Gains institutional recognition as one of five Solana Treasury Reserve companies.