DeFi Development Corp. (Nasdaq: DFDV), a real-estate software firm and Solana-focused treasury company, announced Monday it has agreed to acquire a Solana validator business with an average delegated stake of 500,000 SOL ($75.5 million) for $3.5 million.
$3.5M Deal: DeFi Development Corp. Bolsters Solana Treasury Strategy
The deal, according to the release published on Monday, will be financed through $3 million in restricted company stock and $500,000 in cash. The acquisition positions the Boca Raton-based firm to directly validate transactions on the Solana blockchain, integrating staking rewards into its revenue streams.
Post-acquisition, the validator will be rebranded under DeFi Dev Corp., and all company-held SOL—currently totaling 37,273 tokens ($47.9 million)—will be self-staked through the validator. Executives said the move strengthens the company’s alignment with Solana’s infrastructure while enhancing its ability to accumulate SOL.
“Owning and operating validators with significant delegated stake puts us at the core of Solana,” said Parker White, the company’s chief investment and operating officer. He emphasized the deal’s role in generating “protocol-native cashflow” and delivering risk-adjusted returns superior to holding SOL outright.
DeFi Dev Corp., which adopted a Solana-centric treasury policy in 2025, aims to provide investors transparent exposure to the blockchain’s layer one (L1) ecosystem. The company’s balance sheet currently lists SOL as its principal treasury reserve asset.
Beyond its crypto strategy, DeFi Dev Corp. operates an AI-powered platform serving over one million annual users in commercial real estate, including property owners, lenders, and developers. Its SaaS offerings include data tools for multifamily and commercial debt financing.
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