![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
DeFi Development Corp. Partners with BONK to Operate a Joint Validator Node
May 17, 2025 at 12:00 pm
This collaboration brings with it a jointly operated validator node, an innovation for a publicly traded company in partnership with a top community token.
DeFi Development Corp. has announced a partnership with BONK, a leading memecoin on the Solana blockchain, to launch a jointly operated validator node.
This unique initiative pairs a publicly traded company’s computational resources with a top community token in an unprecedented collaboration. Both parties will be contributing towards validator staking.
The partnership is designed to forge deeper decentralized infrastructure and shared benefits. The validator will also be an avenue for driving mutual economic value, presenting DeFi Dev Corp. with a greater scope for SOL accumulation through staking rewards.
It is also planning to use its token utility to enhance BONK’s engagement with network validation, linking that token utility with increased blockchain security and engagement.
The inclusion of BONK’s liquid staking token, BONKSOL, in this initiative marks a shift in the direction of decentralized finance.
Solana Holdings Surge As Treasury Strategy Advances
As part of its efforts to grow its SOL-based treasury model, DeFi Dev Corp. has purchased another 16,447 Solana tokens. This puts its Solana holdings at a total of 609,190 tokens, valued at approximately $107 million at the current market price.
This investment is consistent with the company’s company-specific metric, SOL Per Share (SPS), which measures the intrinsic value of each DFDV stock on the basis of SOL backing.
This expanding SOL holding will ultimately bolster the company’s mission of compounding token exposure with enhanced shareholder value.
Through the addition of BONK’s staking infrastructure, the company anticipates further SPS acceleration through the rewards for validators and active staking involvement. The initiative is a measured combination of treasury management and network support with a focus on long-term ecosystem involvement.
Bridging Community Tokens And Institutional Models
This validator partnership is a turning point for the developing dynamic between institutional players and decentralized communities. BONK, with over 920,000 holders and widespread integration in the Solana ecosystem, is a social and economic force in Web3. Its liquid staking token, BONKSOL, brings users staking opportunities as well as support for network decentralization.
Working alongside DeFi Dev Corp., BONK will bring visibility, engagement, and scalability to validator operations. For the corporate entity, the partnership presents a direct on-ramp to expanding DeFi infrastructure while reinforcing its treasury-first strategy.
Together, this initiative showcases a scalable blueprint for future collaborations between blockchain-native communities and traditional market participants seeking meaningful exposure to decentralized technologies.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Ethereum Co-founder Anthony Di Iorio Offers a Nuanced Take on the Evolving Relationship Between Bitcoin and Ethereum
- May 17, 2025 at 07:50 pm
- Speaking at Consensus 2025 in Toronto, Ethereum co-founder Anthony Di Iorio offered a nuanced take on the evolving relationship between the world's two most prominent cryptocurrencies.
-
-
-
-
-
-
- Bitcoin (BTC) Price Eyes Crash to $99K or Lower as Three Recent Developments Hint BTC's Price May Crash
- May 17, 2025 at 07:35 pm
- Over the past 10 days, Bitcoin (BTC) has been moving sideways, consolidating between $105k to $101k. But three recent developments hint BTC's price may crash lower to $99k or lower.
-
-