Franchise-led SOL treasury expansion launches with Kraken, Pantera support
DeFi Development Corp, a Nasdaq-listed Solana treasury company, has introduced the DFDV Treasury Accelerator aimed at expanding its global reach through a franchise model. In collaboration with Kraken and venture firms like Pantera Capital, RK Capital, and Borderless Capital, this initiative seeks to establish regional SOL treasuries worldwide. The accelerator will provide essential support including technical infrastructure, asset management, and strategic guidance for new treasuries. DeFi Development plans to onboard new regions on a weekly basis, enhancing its international presence. Joseph Onorati, the CEO, emphasized that this model allows for global scalability without diluting ownership shares. Pantera Capital's Cosmo Jiang praised DeFi Development for innovating beyond conventional cryptocurrency treasury strategies, highlighting its distinct approach that combines validator infrastructure with investment and global franchising. This news accompanies a notable surge in DeFi Development's stock, reflecting a strong corporate interest in their treasury strategy.
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