BlockBeats news, on May 5, according to The Block, real estate software company and SOL asset accumulator DeFi Development Corporation has agreed to acquire a Solana validation node for $3.5 million. The acquisition will be completed through a $3 million restricted stock issuance and $500,000 in cash payment.
This Solana validator business has an average of approximately 500,000 SOL staked, valued at about $75.5 million at current prices. After the acquisition is completed, DeFi Development Corp. will be able to stake its SOL independently and receive all staking rewards from the company’s Solana holdings.
