BlockBeats news, on May 17, according to CoinDesk, the stock price of Nasdaq-listed DeFi Development Corp. soared 30% on Friday, reaching a new high, after the company announced a partnership with the Solana ecosystem Meme coin BONK and purchased a new batch of Solana (SOL) tokens.
DeFi Development stated that it will jointly manage a Solana validation node with BONK, marking the first time a Meme coin community shares Solana staking infrastructure with a publicly listed company. The collaboration will also extend to integrating BONK's own liquid staking token BONKSOL. Both parties will jointly increase the staking share of the validation node and share the profits.
