May 17, 2025
Defi Development Surges 30% On Bonk Validtor Partnership, More Sol Purchases thumbnail
Business

Defi Development Surges 30% On Bonk Validtor Partnership, More Sol Purchases

The Real Estate Tech Enterprise Turned Solana-Focused Public Company Now Holds 609,190 SOL TKENS WORTH OVER $ 107 Million.”, – WRITE: www.coindesk.com

The Real Estate Tech Enterprise Turned Solana-Focused Public Company Now Holds 609,190 SOL TKENS WORTH OVER $ 107 Million.Updated May 16, 2025, 4:59 pm PUBLISHED MAY 16, 2025, 4:36 PM

NASDAQ-Listed Defi Development Corp. (DFDV) Jumped 30% on Friday to Fresh Record Highs After Unveiling A Partnership with Solana’s Top Memecoin Bonk and Purchasing Another Batch of Solana’s Sol SOL$ 171.16 TKENS.

The Company It Will Co-Manage A Solana Validtor with Bonk, Claiming to Be the First Time A Memocoin Community and A Public Company SHARING STAKING INFRASTUCTURETUREA. The Cooperation Also Expands to Integrate Bonk’s Own Liquid Staking Token, Bonksol. Both Parties Will Grow the Validator’s Stake and Slit the Rewards.

“This Validtor Partnership is a Natural Next Step in Bonk’s Mission to Empower Our Community and Accelerate the Adoption of Solana,” SAID NOM, CORE CONTRIBUTOR AT BONK. “By Teaming Up with Defi Dev Corp., We’re Not Only Reinforcing the Decentralized Infrastructure of Solana But Also Creating A New Standard for How Community Tokons Scale.

The Announcement Came One Day After the Firm Boughther 16.447 Sol Tokens, Bringing ITS HOLDINGS to 609,190 SOL, WORTH AUND $ 107 Million. The FIRM ACQUID OF THE TOKENS FOR $ 2.3 Million at An Average Price of $ 139.66, Below Spot Prices. The Company Earlier Shared Plans to Acquire Locked-Up Tokens at A Discount.

The Company, Formerly Known As Real Estate Tech Platform Janover, is Part of of A Growing Roster of Public Firms Putting Digital Assets on Their Balance Sheet, Taking A Page of The Strate BTC$ 104.238.45. Defi Development Pivated to Focus on Solana, Stacking The Network’s Native Tokens and Operation Validtors, After A Group of Former Kraken Executives ACQUILIRED A MAJORITY STAKESTYTIV.

DFDV Shares Gained Over 2.800% Since The Firm’s Pivot, Hitting $ 118 Dringing The Friday SESSION.

Read More: Defi Development Plans to Raise $ 1 Billion to Buy More Solana

Krisztian Sandor

Krisztian Sandor is a US Markets Reporter Focussing on Stablecoins, Tokenization, Real-World Assets. He Graduated from New York University Business and Economic Reporting Program Before Joinger. HE HOLDS BTC, SOL AND ETH.

X Icon

Krisztian Sandor

Related posts

In Arizona, “risky” cryptosaconocconors were blocked

unian ua

NASDAQ 100: Cisco Pops After Hours on ai Boost and Upbeat Stock Market Forecast

unian ua

Cryptoquant suggested the appearance of “dark steiblcoins”

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More