DeFi Development Corp. (NASDAQ:DFDV) saw its stock gain 1.7% in premarket trading Thursday following the launch of its Treasury Accelerator program, designed to deploy the company’s balance sheet directly into Digital Asset Treasuries (DATs).
The Nasdaq-listed firm, which positions itself as the first public company with a treasury strategy centered on Solana (COIN:SOLUSD) accumulation, plans to allocate $5 million to $75 million per investment vehicle to opportunities in global DATs. Investments may take the form of equity placements, convertible instruments, or debt financings, funded either in cash or in SOL.
DeFi Development said any gains from these investments will be reinvested into additional SOL purchases, enhancing the company’s treasury holdings of the cryptocurrency.
“We’ve built the Treasury Accelerator to catalyze DATs globally,” said Joseph Onorati, Chief Executive Officer of DeFi Development Corp. “We intend to back the most promising DATs worldwide, and use the returns to grow SOL per share for our shareholders.”
The initiative extends DeFi Development’s existing focus on Solana accumulation, now including direct investments in other digital asset treasury vehicles, reflecting a broader strategic approach to strengthening its crypto holdings.
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