DeFi Development Corp., a real estate software company listed on Nasdaq, shocked the market by announcing a 7-for-1 stock split after their shares soared over 1,700% in just one month – all thanks to a complete pivot to the Solana ecosystem.



🔥 Stocks soar high with Solana


In just the past month, shares of #DeFiDevelopmentCorp . (ticker: DFDV) have surged from below 4 USD to over 70 USD, after the company announced a funding strategy focused on digital assets. They purchased over 400,000 SOL – currently valued at about 58 million USD – and acquired a validator business that has up to 500,000 SOL staked.



📈 7-for-1 stock split to attract more investors


According to the latest announcement:



  • The company will implement a 7-for-1 stock split, meaning each shareholder will receive an additional 6 shares for each share they own.



  • Effective date: 20/5, applicable to shareholders registered before 19/5


  • The number of outstanding shares will increase from about 2 million to over 14 million, but the maximum number of shares allowed for issuance will remain unchanged.




The company stated that this is an effort to increase liquidity and expand access for retail investors, in line with the strategy to broaden ownership $SOL and operate validators.



🔁 From real estate software to the 'Solana beast'


The company was previously named Janover Inc., operating in the real estate software field. However, they changed their name to DeFi Development Corp. and announced a major pivot to crypto – particularly Solana.


Not only investing in SOL, the company also spent 3.5 million USD (mainly in restricted stock) to acquire a validator, just one day before revealing an additional purchase of 11.2 million USD worth of SOL.


The management stated that validator operations not only create protocol-native cash flow but also help the company strengthen its ties with the decentralized ecosystem.



📌 Connecting with the crypto market:


DeFi Development Corp.'s bold move is a clear testament to the strong appeal of the Solana ecosystem in the eyes of traditional businesses. As listed companies pivot to crypto, especially with strategies to own digital assets like SOL and operate network infrastructure (validators), this creates new expectations for the connection between traditional financial markets and DeFi.


For Binance users and the crypto investor community, this is a clear sign that Solana is becoming the focal point for large-scale investments, and these movements could continue to drive the value and applicability of this ecosystem.



⚠️ Risk warning:

Investing in crypto and companies pivoting to digital assets carries significant risks, including high price volatility and unclear legal factors. Investors need to carefully consider and only invest when they fully understand the associated risks.#anhbacong