Latest news with #ParkerWhite
Globe and Mail
2 days ago
- Business
- Globe and Mail
DeFi Dev Corp. Announces dfdvSOL / SOL Liquidity Pool Support on Orca to Enhance Utility & Fuel SOL Per Share Growth
BOCA RATON, FL, June 16, 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 its support for the launch of a new dfdvSOL / SOL liquidity pool on Orca, one of the leading Solana-native decentralized exchanges. The pool, deployed on Orca's flagship Concentrated Liquidity Market Maker (CLMM), introduces new utility and yield opportunities for dfdvSOL holders, while contributing to long-term growth in SOL per share (SPS). Orca's CLMM enables liquidity providers to allocate dual-token liquidity in specific price ranges, thereby maximizing capital efficiency and potential fee earnings. With the launch of a dfdvSOL / SOL pool, Orca users can now: Provide liquidity in tailored price ranges, enhancing fee generation and capital efficiency vs. traditional AMM pools. Earn trading fees from swaps between dfdvSOL and SOL within their allocated range. Harvest yield over time, benefiting from Orca's advanced liquidity terminal for managing positions and optimizing fee capture. 'This pool represents a major new utility pathway for dfdvSOL,' said Parker White, COO & CIO of DeFi Dev Corp. 'Orca's CLMM architecture lets users strategically deploy dfdvSOL and earn yields as SOL-market activity grows, deepening asset demand and strengthening our mission to grow SOL per share.' The dfdvSOL / SOL pool will leverage Orca's full-featured liquidity terminal, enabling providers to: Set custom full-range or concentrated ranges for deploying dfdvSOL and SOL. Track performance, fees, and potential divergence loss via integrated charts and dashboards. Capture Orca's adaptive fee tiers and optimize position management. With the CLMM pool, DeFi Dev Corp. affirms dfdvSOL's expanding role as a multi-dimensional DeFi asset in Solana's ecosystem, with bridging staking, liquidity provision, and fee capture under a single strategy. The partnership will also set the stage for future collaboration on tokenized financial assets, including the potential for stock-backed tokens and other real-world asset (RWA) representations on Solana. Disclaimer: DeFi Dev Corp. receives a commission on the SOL rewards generated from its validator operations and a portion of the fee imposed via the Sanctum protocol based on staking operations by dfdvSOL users. DeFi Dev Corp. is not responsible for the development, security, or operation of Sanctum's technology or infrastructure, and is not acting on behalf of Sanctum. Users should independently evaluate the risks associated with LSTs and related technologies. 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'). About Orca Orca is the most trusted DEX on Solana and Eclipse, built by DeFi OGs for the best trading and LPing experience. Orca is a unique protocol centered around a Concentrated Liquidity Automated Market Maker (CLMM) with powerful features that allow users to access constant-product-like functionalities. Orca focuses on creating the most user-friendly environment for traders and LPs of varying experience levels, as well as for ecosystem builders. 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
03-06-2025
- 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.
Yahoo
16-04-2025
- Business
- Yahoo
Janover Doubles Solana Holdings to $21M, Sees 1,700% Stock Surge After Crypto Pivot
Janover, a real estate-focused fintech company, has ramped up its investments in Solana (SOL), now holding a total of 163,651 tokens, valued at approximately $21.2 million. This is part of the company's strategy to focus its treasury on cryptocurrency, specifically Solana, making it the first publicly traded U.S. firm to take such an approach. On April 15, Janover announced the purchase of 80,567 SOL tokens for $10.5 million, adding to previous buys made earlier this month. The company's treasury strategy, approved by the board on April 4, also includes staking the tokens and potentially operating Solana validators. Janover seems to be following MicroStrategy's Bitcoin moves by becoming a major player in Solana. Former Kraken executives Joseph Onorati and Parker White, who took control of Janover earlier this year, are leading the charge on this pivot. Onorati, a former Kraken chief strategy officer, now serves as chairman and CEO of Janover, while White, previously Kraken's engineering director, is the company's chief investment officer and COO. Under their leadership, Janover raised $42 million through convertible notes to fund its acquisition of Solana tokens and further its digital asset strategy. Janover's stock has seen a dramatic rise since the announcement of its crypto pivot in early April, increasing by 1,700%. On April 15, the stock price reached $73.74, a 12% jump following the latest SOL purchase. The company's stock surge highlights the growing institutional confidence in its new strategy. The company's shift to cryptocurrency does not mean it is abandoning its real estate roots. Janover's AI-powered platform for commercial real estate will continue to operate under the guidance of founder Blake Janover and CFO Bruce Rosenbloom. In addition to its focus on Solana, Janover is also exploring ways to participate more directly in blockchain infrastructure, including the potential operation of Solana validators. This would allow the company to earn rewards through Solana's proof-of-stake network. The company's strategy has drawn attention in the crypto world, particularly with its efforts to become the largest corporate holder of Solana in the United States. By focusing on a crypto treasury strategy, Janover is positioning itself as a forward-thinking player in both the real estate and blockchain industries. The move also highlights the increasing interest in digital assets among institutional investors as blockchain technology continues to gain mainstream acceptance.
Yahoo
10-04-2025
- Business
- Yahoo
EXCLUSIVE: Janover Acquires $4.6 Million Of Solana (SOL), Begins Digital Asset Treasury Strategy
Janover Inc (NASDAQ:JNVR) announced Thursday that it has purchased approximately $4.6 million Solana (CRYPTO: SOL), marking the first execution under its newly adopted digital asset treasury strategy. The company will immediately begin staking its SOL position, generating revenue while supporting the Solana network. This marks the first allocation of capital from the company's recently completed $42 million financing round. Janover's Revenue Soars 80% as AI-Powered Software Drives Massive Growth CEO Joseph Onorati said it aims to be the most efficient and transparent vehicle for crypto accumulation in the public markets, and executing its first SOL purchase within days of restructuring reflects that commitment. The company's Board of Directors approved its new treasury policy on April 4, 2025, authorizing the long-term accumulation of crypto assets, starting with Solana. The company also aims to operate one or more Solana validators, enabling it to stake its treasury assets, participate in securing the network, and earn rewards that it can reinvest. COO and CIO Parker White plans to continue building our SOL position as it scales its strategy. Janover stock surged over 560% Monday after former Kraken executives acquired 728,632 common shares and all 10,000 Series A Preferred shares to help bridge the gap between so-called traditional finance (TradFi) and decentralized finance (DeFi). Janover's Board has implemented a new treasury policy to allocate its principal reserves into digital assets, beginning with Solana (SOL). The company plans to acquire and stake SOL by purchasing Solana validators. Price Action: JNVR stock traded lower by 1.75% to $26.90 premarket at the last check on Thursday. Read Next: UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article EXCLUSIVE: Janover Acquires $4.6 Million Of Solana (SOL), Begins Digital Asset Treasury Strategy originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Globe and Mail
09-04-2025
- Business
- Globe and Mail
Janover Inc. to Host X Spaces Conversation on Crypto Treasury Vehicles
BOCA RATON, FL, April 09, 2025 (GLOBE NEWSWIRE) -- Janover Inc. (Nasdaq: JNVR) ('Janover' or the 'Company'), today announced that it will host a live X Spaces conversation on Thursday, April 10, 2025, at 2:30 p.m. Eastern Time, featuring members of its senior leadership team. The discussion will include: Joseph Onorati, Chairman and Chief Executive Officer Parker White, Chief Operating Officer and Chief Investment Officer Marco Santori, Board Member and former Chief Legal Officer of Kraken The conversation will focus on the backgrounds of Janover's new executive team, the rise of crypto treasury models, MicroStrategy, and the broader implications for crypto. To join the event, visit: The Company does not intend to disclose any material nonpublic information during the event. About Janover Inc. Janover Inc. (Nasdaq: JNVR) has adopted a treasury policy under which the principal holding in its treasury reserve on the balance sheet will be allocated to Solana (SOL). In adopting its new treasury policy, the Company intends to provide investors a way to access the Solana ecosystem. The Company's treasury policy is expected to provide investors economic exposure to SOL investment. 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 our current beliefs, expectations and assumptions regarding the future of our 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 our control. Our 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) the effect of and uncertainties related the ongoing volatility in interest rates; (iii) our ability to achieve and maintain profitability in the future; (iv) 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; (v) changes in the accounting treatment relating to the Company's SOL holdings; (vi) 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; (viii) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (ix) 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.
