May 6, 2025
Defi Development Adds $ 11.2m in Sol, Bringing Holdings to More than 400k Tokens thumbnail
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Defi Development Adds $ 11.2m in Sol, Bringing Holdings to More than 400k Tokens

Formerly Known As Janover, The Company’s Sol Holdings Are Werth More Than $ 57 Million at Current Prices.”, – WRITE: www.coindesk.com

Defi Development Adds $ 11.2m in Sol, Bringing Holdings to More than 400k TokensFormerly Known As Janover, The Company’s Sol Holdings Are Werth More Than $ 57 Million at Current Prices. May 6, 2025, 2:47 pm

Formerly Known As Janover (JNVR), Defi Development Corporation (DFDV Has Added An Added An Additional 82.404 Solana (Sol) Tokens to ITS Treasury, Pushing ITS .0

AT SOL’S CURRENT PRICE OF $ 143, The Company Stack Is Worth More Than $ 57 Million.

The Newly Acquired Tokens Include Locked Sol, Purchased Through Bitgo’s Over-The-Counter Desk, Account to A Press Release. These tokens cans be moved on -chain Until unlocked, But they still be traded over-the-them-counter beetween Institutions, The FIRM SAID.

The Company Said IT Plans to Stake These Assets to Generate Yield.

The accounting follows of the acquisition of a validtor operation earlier this week, WHICH IT WILL USE TO SELF-STAKE ITS ENTIRE SOL TREasury and Generate “Protocol-Nativ Cashflow.

DFDV Shares Are Lower by 3.8% in Tuesday Morning Trade Alongside Sol’s 2% Price Decline.

Francisco Rodrigues

Francisco is a reporter for coindesk with a passion for Cryptocurrencies and Personal Finance. Before joining coindesk he worked at Major Financial and Crypto Publications. He OWNS BITCOIN, Ether, Solana, and Paxg Above Coindesk’s $ 1,000 Disclosure Thrasld.

Francisco Rodrigues

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