DEFI DEVELOPMENT CORP. (DFDV), quoted in Nasdaq, jumped 30% on Friday to new records after presenting an association with the best memecoin bonk of Solana and buying another lot of Solana Sol de Sola SUN$170.89 Tokens
The company said that a solana validator will be administered jointly with Bonk, which claims to be a community of memecoros and a public company that shares a rethinking infrastructure in Solana, according to a press release. Cooperation also expands to integrate Bonk’s own liquid token, Bonksol. Both parties will increase the participation of the validator and divide the rewards.
“This Validador association is a next natural step in Bonk’s mission to empower our community and accelerate the adoption of Solana,” said NOM, Bonk’s central collaborator. “By associating with Defi Dev Corp., we are not only reinforcing the decentralized infrastructure of Solana, but also creating a new standard for how community tokens can climb and maintain their ecosystems.”
The announcement occurred one day after the company bought another 16,447 Tokens Sol, taking its shares at 609,190 Sol, for a value of around $ 107 million. The firm acquired the tokens for $ 2.3 million at an average price of $ 139.66, below spot prices. Previously, the company shared plans to acquire tokens locked up with a discount.
The company, previously known as the Janover Real Estate Technology Platform, is part of a growing list of public companies that put digital assets in their balance sheet, taking a page of the Play Book of the Bitcoin -centered strategy. BTC$104,058.29. Defi’s development turned to focus on Solana, stacking the native tokens of the network and the operational validators, after a group of former Kraken executives acquired a majority participation last month.
DFDV shares earned more than 2,800% from the company’s pivot, reaching $ 118 during Friday’s session.
Read more: Develop Development plans to raise $ 1 billion to buy more solena
