DeFi Development Adds $11.2M in SOL, Bringing Holdings to More Than 400K Tokens
Formerly known as Janover, the company's SOL holdings are worth more than $57 million at current prices.

What to know:
- DeFi Development Corporation added 82,000 SOL, bringing total treasury holdings to over 400,000 tokens
- The company sourced part of its SOL via OTC deals involving locked tokens
- New holdings will be staked to earn yield as part of a long-term treasury strategy.
Formerly known as Janover (JNVR), DeFi Development Corporation (DFDV has added an additional 82,404 solana
At SOL's current price of $143, the company stack is worth more than $57 million.
The newly acquired tokens include locked SOL, purchased through BitGo’s over-the-counter desk, according to a press release. These tokens can’t be moved on-chain until unlocked, but they can still be traded over-the-counter between institutions, the firm said.
The company said it plans to stake these assets to generate yield.
The accumulation follows the acquisition of a validator operation earlier this week, which it will use to self-stake its entire SOL treasury and generate “protocol-native cashflow.”
DFDV shares are lower by 3.8% in Tuesday morning trade alongside SOL's 2% price decline.
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