Nasdaq-Genten Defi Development Corp. (DFDV) rose on Friday by 30% to new record highs after unveiling a partnership with Solana’s Top Memecoin Bonk and the purchase of a new batch of Solana’s Sol SOL$ 170.64 tokens.
The company said it will manage a Solana-Validator with Bonk and claims to be the first time that a Memecoin community and a public company share the participation of the infrastructure on Solana, according to a press release. The collaboration is also expanding to integrate Bonk’s own liquid strike -token, Bonnksol. Both parties will grow the importance of the validator and split the rewards.
“This validator partnership is a natural next step in Bonk’s mission to strengthen our community and accelerate the acceptance of Solana,” said Nom, core contribution carrier at Bonk. “By working together with Defi Dev Corp., we not only strengthen the decentralized infrastructure of Solana, but also the creation of a new standard for how Communitystokens can scale and support their ecosystems.”
The announcement came one day after the company bought another 16,447 Sol -Tokens, which brought its interests to 609,190 Sol, worth around $ 107 million. The company acquired the tokens for $ 2.3 million at an average price of $ 139.66, under the spot prices. The company previously shared plans to acquire with a discount on closed tokens.
The company, previously known as Real Estate Platform Janover, is part of a growing selection of public companies that put digital assets on their balance and a page of the playbook of the strategy that is aimed at Bitcoin takes BTC$ 103,904.18. Defi development turned to concentrate on Solana, stacking the native tokens of the network and operational validators, after a group of former Kraken -executives had acquired a majority stake last month.
DFDV shares won more than 2,800% since the company’s pivot and reached $ 118 during the Friday session.
Read more: Defi development plans to collect $ 1 billion to buy more Solana
