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Cryptocurrency News Articles
DeFi Dev Corp. and BONK Make History with First Public Company and Community Memecoin Validator Partnership
May 16, 2025 at 08:00 pm
DeFi Development Corp. (NASDAQ: DFDV) has announced a groundbreaking partnership with BONK, the leading Solana ecosystem memecoin
DeFi Development Corp. (NASDAQ: DFDV) has announced a partnership with BONK, the Solana ecosystem memecoin. The partnership will see them jointly operate a validator node.
This partnership marks the first collaboration between a public company and a major community memecoin. It aims to expand validator infrastructure while supporting BONK's mission to strengthen the Solana network.
DeFi Development Corp.'s strategy to expand its validator business aligns with the goal of generating revenue, accumulating additional SOL, and ultimately growing SOL Per Share (SPS). This performance metric tracks how much SOL backs each share of DFDV.
The partnership also aims to benefit DFDV shareholders by providing them with a way to access the Solana ecosystem.
"We’re excited to partner with BONK, a uniquely powerful force within the Solana ecosystem," said Parker White, CIO & COO of DeFi Development Corp.
"As we continue building out our validator infrastructure, this collaboration allows us to support one of the most dynamic, influential, and innovative communities in Web3 while simultaneously advancing our mission to maximize SOL per share for DFDV shareholders."
The partnership will also see BONK contribute to growing validator stake and its community.
"This validator partnership is a natural next step in BONK’s mission to empower our community and accelerate the adoption of Solana," said Nom, Core Contributor at BONK.
"By teaming up with DeFi Dev Corp., we’re not only reinforcing the decentralized infrastructure of Solana but also creating a new standard for how community tokens can scale and sustain their ecosystems."
This partnership reflects a shared belief in the long-term potential of Solana and sets the stage for continued innovation at the intersection of community-driven assets and institutional infrastructure.
About DeFi Development Corp.
DeFi Development Corp. (Nasdaq: DFDV) 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”).
About BONK
BONK is the premier community memecoin of the Solana blockchain. With deep integrations across the Solana ecosystem, BONK serves as the social and cultural layer of Web3. Its broad utility, cross-chain accessibility, and vibrant community have made it one of the most widely held and used tokens in decentralized finance.
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