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🔥 NEW: Solana treasury company #DeFi Development Corp partners with #Kraken to tokenize #DFDV stock on #Solana blockchain.
#DeFidevelopment $SOL #SolanaBlockchain
#DeFidevelopment $SOL #SolanaBlockchain
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Solana on the brink of a new surge: A $1 billion investment strategy launched from DFDV
DFDV enters the Solana game
NASDAQ-listed company DFDV announces plans to invest $1 billion in Solana products, particularly through the Liquid Staking system.
A new institutional wave?
This move is a confirmation of Solana's transition from a rapid growth protocol to an institutional destination, which may increase demand for SOL in the market.
Market movements
SOL prices show resilience above $160, with expectations for a new breakout supported by this type of institutional investment.
#Solana #LiquidStaking #SOL #DFDV #InstitutionalCrypto
#solana #sol #InstitutionalCrypto
$SOL
DFDV enters the Solana game
NASDAQ-listed company DFDV announces plans to invest $1 billion in Solana products, particularly through the Liquid Staking system.
A new institutional wave?
This move is a confirmation of Solana's transition from a rapid growth protocol to an institutional destination, which may increase demand for SOL in the market.
Market movements
SOL prices show resilience above $160, with expectations for a new breakout supported by this type of institutional investment.
#Solana #LiquidStaking #SOL #DFDV #InstitutionalCrypto
#solana #sol #InstitutionalCrypto
$SOL
😱🔥US-owned company announces Solana investment, targets billion-dollar projects 🇺🇸
Nasdaq-listed DeFi Development (#DFDV ) has purchased 172,670 units of #solana ’s token $SOL , bringing its total holdings to $105 million. This is the company’s largest purchase since the launch of its cryptocurrency reserve building strategy last month.
The company’s average purchase price was announced as $136.81, bringing the total value of the purchase to $23,600,000. The Florida-based tech firm holds a total of 595,988 SOL, which it said will be held for the long term and staked through various validators to generate returns.
The company’s shares rose 20 percent to $90 at market open on Monday. The price of SOL also rose more than 20 percent last week, reaching $180 for the first time since February.
DeFi Development, previously known as Janover, was taken over by a group of former Kraken executives last month and restructured to focus on the Solana blockchain. The company aims to not only invest but also generate staking revenues by running validators and raising $1 billion for SOL purchases.
DeFi Development increases crypto reserves to $105 million with 172,000 SOL purchases; the company is targeting a $1 billion SOL fund as its stock value increases by 20%.
#NewsTrade #TradeStories #AltcoinSeasonLoading
The company’s average purchase price was announced as $136.81, bringing the total value of the purchase to $23,600,000. The Florida-based tech firm holds a total of 595,988 SOL, which it said will be held for the long term and staked through various validators to generate returns.
The company’s shares rose 20 percent to $90 at market open on Monday. The price of SOL also rose more than 20 percent last week, reaching $180 for the first time since February.
DeFi Development, previously known as Janover, was taken over by a group of former Kraken executives last month and restructured to focus on the Solana blockchain. The company aims to not only invest but also generate staking revenues by running validators and raising $1 billion for SOL purchases.
DeFi Development increases crypto reserves to $105 million with 172,000 SOL purchases; the company is targeting a $1 billion SOL fund as its stock value increases by 20%.
#NewsTrade #TradeStories #AltcoinSeasonLoading
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