- The number of shares will increase from 2 million to 14 million.
- Firm rebranded from Janover Inc., now acts as DFDV.
- Acquired validator company with 500,000 SOL -Sol.
Defi Development Corp., formerly known as Janover Inc., will perform a 7-out-1 distribution distribution on 20 May and expands its outstanding shares from 2 million to more than 14 million.
The move follows a dramatic pivot in the Solana blockchain, which caused a stunning rally of 1,700% in his share price for only one month.
The company, now trading under the Ticker DFDV on Nasdaq, has renamed and restructured its business model for crypto infrastructure.
There is The split will improve liquidity and make it more accessible to investors because it scales its decentralized activities in the blockchain sector and validator economy.
Solana Pivot drives market rise
The Florida-based real estate software company entered the digital asset room in April with a treasury strategy aimed at long-term accumulation on Solana.
Shortly thereafter it was renamed Defi Development Corp. To indicate a permanent shift to blockchain assets and operations.
The Nasdaq-Gente Shares of the company, which were modestly exchanged under Janover, exploded in value after this announcement.
Although DFDV fell by 3% on Wednesday to close to $ 79.31, the withdrawal came after an increase that his share price in a matter of weeks saw more than 1,700% rise.
The company State on X That the split is designed to improve liquidity and to increase accessibility for investors interested in decentralized infrastructure projects.
The recent performance has attracted a lot of attention from both institutional and retail market participants.
Validator Buyout and Sol -Reserves
Defi Dev Corp. Has strengthened its Solana focus by two major steps: acquiring a validator -business with 500,000 sol in delegated interest and the purchase of more than 400,000 Sol -Tokens, with a value of around $ 58 million.
The validator deal of $ 3.5 million, largely paid in limited shares, was announced a day before the company revealed the extra SOL purchase.
The Validator -Acquisition gives Defi Dev Corp. Access to native cash flow within the Solana protocol, while the token accumulation solidifies its balance as heavily weighed in the direction of Crypto activa.
Combined, the company now has more than 900,000 SOL, worth almost $ 130 million at the current market rates.
Executives noted that the validator infrastructure deepens the coordination of the company with decentralized protocols and adds recurring income through rewards. It also serves as a strategic cover against future volatility in traditional capital markets.
Stock Split to stimulate accessibility
Record shareholders from 19 May receive six extra shares for each they have.
While the split increases the number of shares in circulation to more than 14 million, the company confirmed that its authorized share capital remains unchanged.
Although the stock split does not influence the market capitalization of the company, it is often used to increase the trade volume and to attract retail interest.
