Latest news with #BocaRaton
Globe and Mail
8 hours ago
- Business
- Globe and Mail
DeFi Development Corp. Delivers Record Month with Key Integrations, Treasury Growth, and Institutional Partnerships
BOCA RATON, FL, June 02, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the 'Company' or 'DeFi Dev Corp.'), the first US public company with a treasury strategy built to accumulate and compound Solana ('SOL'), today announced a record-setting May 2025 highlighted by significant advancements across its validator infrastructure, treasury growth, and strategic integrations. Key May 2025 Highlights: Record SOL Purchases: DeFi Dev Corp. achieved its largest monthly SOL purchase, reinforcing its strategy to build the world's leading publicly traded Solana treasury. Validator Launches: The Company announced a validator partnership with Bonk, Solana's largest memecoin community, adding to its expanding network of revenue-generating validators. Kamino Integration: DeFi Dev Corp. signed a letter of intent with Kamino Finance, the largest DeFi lending protocol on Solana, paving the way to integrate the dfdvSOL liquid staking token. New Investor Communications: The Company launched a new blog to provide deeper insights into its business model, monthly performance, and vision for Solana-centric DeFi growth. Total SOL Held: As of May 31, 2025, DeFi Dev Corp.'s treasury held a record 621,313 SOL, representing the Company's largest Solana holding to date. 'This past month showcased our ability to execute on multiple fronts - accelerating our Solana accumulation, expanding validator infrastructure, and deepening relationships with leading DeFi protocols,' said Parker White, CEO of DeFi Dev Corp. 'Our focus remains on compounding SOL exposure per share over time, differentiating us from other crypto vehicles and establishing DeFi Dev Corp. as a pioneering Solana treasury strategy.' For a detailed breakdown of DeFi Dev Corp's record month, visit the full May 2025 Recap. About DeFi Development Corp. DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to Solana (SOL). Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana's expanding application layer. The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage. The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts ('REITs'), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities ('CMBS') lenders, Small Business Administration ('SBA') lenders, and more. The Company's data and software offerings are generally offered on a subscription basis as software as a service ('SaaS'). Forward-Looking Statements This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "believe," "project," "estimate," "expect," strategy," "future," "likely," "may,", "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The Company's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company's SOL are carried on its balance sheet; (ii) volatility in our stock price, including due to future issuances of common stock and securities convertible into common stock; (iii) the effect of and uncertainties related the ongoing volatility in interest rates; (iv) our ability to achieve and maintain profitability in the future; (v) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (vi) changes in the accounting treatment relating to the Company's SOL holdings; (vii) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (ix) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (x) other risks and uncertainties more fully in the section captioned 'Risk Factors' in the Company's most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
Globe and Mail
17 hours ago
- Business
- Globe and Mail
DeFi Development Corp. to Speak at Maxim Group's 2025 Virtual TMT Conference
BOCA RATON, FL, June 02, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the 'Company') the first US-listed public company with a treasury strategy built to accumulate and compound Solana ('SOL'), today announced that Head of Investor Relations Dan Kang will be speaking at Maxim Group's 2025 Virtual Tech Conference on Thursday, June 5, 2025, at 10:00 a.m. Eastern Time. To attend the event, register at: For more information, visit To stay up-to-date with the latest developments and insights, subscribe to our blog. About DeFi Development Corp. DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to Solana (SOL). Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana's expanding application layer. We are an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions as well as value-add services to multifamily and commercial property professionals as we connect the increasingly complex ecosystem that stakeholders have to manage. We currently serve more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders including more than 10% of the banks in America, credit unions, real estate investment trusts ('REITs'), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities ('CMBS') lenders, Small Business Administration ('SBA') lenders, and more. Our data and software offerings are generally offered on a subscription basis as software as a service ('SaaS'). Forward-Looking Statements This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "believe," "project," "estimate," "expect," strategy," "future," "likely," "may,", "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The Company's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company's SOL are carried on its balance sheet; (ii) volatility in our stock price, including due to future issuances of common stock and securities convertible into common stock; (iii) the effect of and uncertainties related the ongoing volatility in interest rates; (iv) our ability to achieve and maintain profitability in the future; (v) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (vi) changes in the accounting treatment relating to the Company's SOL holdings; (vii) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (ix) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (x) other risks and uncertainties more fully in the section captioned 'Risk Factors' in the Company's most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.
Associated Press
20 hours ago
- Business
- Associated Press
Newsmax to Join Russell 2000 and Russell 3000 Indexes
BOCA RATON, FL / ACCESS Newswire / June 2, 2025 / Newsmax Inc. (NYSE:NMAX) ('Newsmax' or the 'Company') today announced that the Company expects to list on the U.S. small-cap Russell 2000® Index, effective after the U.S. market opens on June 30, 2025, as part of the 2025 Russell indexes reconstitution. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. 'The past year has been transformational for Newsmax, and we are pleased to see our shares will soon be added to the Russell 2000® Index, one of the market's leading performance benchmarks in North America,' said Chris Ruddy, CEO of Newsmax. Newsmax, a television and digital media company offering Americans independent news, went public on the NYSE in March. Since then, Newsmax has made several major announcements, including expanded cable / pay TV distribution on Hulu+, putting Newsmax into top-tier penetration of around 60 million U.S. homes. 'We feel this addition of Newsmax on the Russell Index will help raise awareness and ownership of Newsmax within the institutional investment community,' continued Ruddy. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell's US indexes. Russell indexes are also part of FTSE Russell, a leading global index provider. About Newsmax Newsmax Media, Inc. operates Newsmax, the nation's fourth highest-rated cable news network, according to Nielsen. Newsmax is carried on all major cable, satellite systems, and virtual pay TV operators. Newsmax reaches more than 40 million Americans regularly through Newsmax TV, the Newsmax+ App, its popular website and publications like Newsmax Magazine. Reuters Institute says Newsmax is one of the top 12 U.S. news brands and Forbes has called us 'a news powerhouse.' For more information, please visit Investor Relations | Newsmax Media, Inc. About FTSE Russell, an LSEG Business FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit FTSE Russell. Forward-Looking Statements This communication contains forward-looking statements. From time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Forward-looking statements can be identified by those that are not historical in nature. The forward-looking statements discussed in this communication and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. Newsmax does not guarantee future results, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. Forward-looking statements should not be relied upon as predictions of future events. We are under no duty to update any of these forward-looking statements after the date of this communication to conform our prior statements to actual results or revised expectations, and we do not intend to do so. Factors that may cause actual results to differ materially from current expectations include various factors, including but not limited to any changes in indications we have received from FTSE Russell regarding inclusion in certain indexes, our ability to change the direction of Newsmax, our ability to keep pace with new technology and changing market needs, the competitive environment of our business changes in domestic and global general economic and macro-economic conditions and/or uncertainties and factors set forth in the sections entitled 'Risk Factors' in Newsmax's Annual Report on Form 10-K for the twelve months ended December 31, 2024, Newsmax's Quarterly Report on Form 10-Q for the three months ended March 31, 2025, and other filings Newsmax makes with the Securities and Exchange Commission. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. Undue reliance should not be placed on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein. Investor Contacts Newsmax Investor Relations [email protected] SOURCE: Newsmax Inc. press release
Yahoo
3 days ago
- Business
- Yahoo
DXL, Now Open In Boca Raton: Clothes That Actually Fit Big + Tall Men Shouldn't Be A Crazy Idea, Right?
BOCA RATON, Fla., May 31, 2025 /PRNewswire/ -- Destination XL Group, Inc. (Nasdaq: DXLG), the leading integrated-commerce retailer specializing in Big + Tall men's clothing and shoes, announces the grand opening of its latest store in Boca Raton, FL, located in Towne Plaza at 2301 Glades Road. This marks DXL's fifth new store opening of the fiscal year. After decades of designing, creating and offering high-quality clothes that truly fit Big + Tall men, DXL's dedication to an underserved market has only grown. The new Boca Raton location offers a superior shopping experience, featuring styles only found at DXL and, more importantly, sized to actually fit the Big + Tall guy perfectly. The store showcases all of the brands guests love, including Polo Ralph Lauren®, Reebok®, Nautica®, vineyard vines®, Columbia®, Tommy Bahama®, and more. The store also includes DXL's new proprietary FiTMAPSM Sizing Technology, an innovative digital scanning technology that takes each guest's unique measurements. With this information, shoppers can find custom clothing options and get accurate size recommendations across many of DXL's brands for a perfect fit every time. "We are excited to extend our reach to the greater Boca Raton area, offering more options, convenience, and a straightforward shopping experience to our Big + Tall customers," said Harvey Kanter, President and Chief Executive Officer of DXL. "The Boca Raton DXL is not just a new store; it provides men with fashion that fits comfortably and looks great. Our mission is to ensure every Big + Tall guy can wear what he wants." The Boca Raton store opened on May 31, 2025. About Destination XL GroupDestination XL Group, Inc. is the leading retailer of Men's Big + Tall apparel that provides the Big + Tall man the freedom to choose his own style. Subsidiaries of Destination XL Group, Inc. operate DXL Big + Tall retail and outlet stores and Casual Male XL retail and outlet stores throughout the United States, and an e-commerce website, and mobile app, which offer a multi-channel solution similar to the DXL store experience with the most extensive selection of online products available anywhere for Big + Tall men. The Company is headquartered in Canton, Massachusetts, and its common stock is listed on the Nasdaq Global Market under the symbol "DXLG." For more information, please visit the Company's investor relations website: View original content to download multimedia: SOURCE Destination XL Group, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
5 days ago
- Entertainment
- Washington Post
In Barkov They Trust: The Panthers, led by their captain, are headed back to the Stanley Cup Final
The entire play took eight seconds, and basically summed up why the Florida Panthers have enormous, nonstop belief in Aleksander Barkov. Third period, Game 5 of the Eastern Conference finals, game tied at 3. Barkov picks up the puck in the right corner. He skates around the end boards, as Carolina defenseman Dmitry Orlov is trying to use his entire 214-pound frame to move Barkov one direction or the other. Orlov had no chance. Barkov stopped on a dime, turned around, ducked back toward the net and slid the puck to a place that only Florida's Carter Verhaeghe could reach. Verhaeghe turned that pass into the winner, and with that, the Panthers were headed back to their third consecutive Stanley Cup Final. In Barky They Trusted. Again. 'Such a great player,' Verhaeghe said. 'It was such a great play by him. It was all him.' The funny part is that Barkov would hate hearing such praise, and he surely would never say anything like that about himself. He is a most unassuming superstar, someone who doesn't care about the spotlight, someone who was legitimately surprised when fans recognized him last year at a Florida Atlantic basketball game in Boca Raton — about 20 minutes north of where the Panthers play their home games. But he is Florida's best player. And he has led the defending Stanley Cup champions back to the title round for a third consecutive season. 'He's one of the best in the world at that, if not the best,' Florida forward Sam Reinhart said. 'He's got so much strength. Big players make big plays at the biggest moments when you need them, and he's certainly the leader of this team.' Florida moves on to face either Edmonton or Dallas in the Stanley Cup Final. There will be intrigue either way. If the Oilers — who lead the Stars 3-1 in the Western Conference finals — get there, it'll be the 11th title-round rematch in the Stanley Cup era and the first since Pittsburgh and Detroit played for the trophy in 2008 and 2009. If the Stars get there, it'll pit Panthers coach Paul Maurice against Dallas coach Peter DeBoer, his former assistant in the Ontario Hockey League and one of his closest friends. It'll also be the first times Florida and Dallas play each other in the U.S. this season; their two matchups this year were in Finland back in November, the Panthers winning both. 'The most important step is ahead of us,' goalie Sergei Bobrovsky said. The Panthers are the ninth franchise in NHL history to make the Stanley Cup Final in at least three consecutive seasons. Barkov became the first Finnish captain to get the honor of having the inaugural hoist of the Cup when Florida won the title last year, and he was there through a lot of lean years for the Panthers. Forget the Cup final; the Panthers couldn't make the playoffs for much of their history. That seems so long ago now. No team has played more postseason games in the last four years than the Panthers, and there's at least four more games this season left to go. 'I think it was a long time coming,' Barkov said. 'Obviously, there's been a lot of work put in by this organization to become better and reach the level where we want to win Stanley Cups, we want compete for Stanley Cups every single year. There are 31 other teams in the league and it's hard every single year. They want to do that too, so it's not easy. But we've managed to do it three years in a row, which is, I think, an incredible achievement so far.' Aaron Ekblad is in his 11th season as a Panther — one behind Barkov — and he remembers those tough times. Florida once missed the playoffs by a point during their tenure; some years, they missed by five or six wins. They weren't terrible. They just weren't that good. But he remembers why he always remained steadfast in the belief that the franchise would get to this point. 'We've always had Sasha Barkov,' Ekblad said. 'So, there was always hope, especially in those down years. We always had Barky to lead the way.' He led then. He led now. And another trip to the final awaits. ___ AP NHL playoffs: and
