DeFi Development Corp. the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), announced that it will begin deploying its own balance sheet directly into other Digital Asset Treasuries (“DATs”) through its Treasury Accelerator program.
The Company expects to commit between $5 million and $75 million per vehicle to opportunities across global DATs, using a combination of equity placements, convertible structures, and debt financings. These deployments may be funded either in cash or in-kind SOL, depending on the structure of each transaction.
Key Highlights:
- Treasury Accelerator will now fund DATs directly using the Company’s balance sheet.
- Potential additional deployments of $5 million to $75 million per DAT, funded in cash or in-kind SOL.
- Any appreciation from these investments is expected to be reinvested into purchasing additional SOL, compounding the Company’s treasury holdings.
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“We’ve built the Treasury Accelerator to catalyze DATs globally,” said Joseph Onorati, Chief Executive Officer of DeFi Development Corp. “We intend to back the most promising DATs worldwide, and use the returns to grow SOL per share for our shareholders.”
DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (“DeFi”) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.
The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage.
The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. The Company’s data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).
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