SOL Treasury Expansion Initiative Launches with Support from Kraken and Pantera
DeFi Development Corp., a Nasdaq-listed Solana treasury company, has introduced the DFDV Treasury Accelerator to facilitate global expansion through a franchise model. This initiative has garnered support from Kraken and leading crypto venture firms like Pantera Capital, RK Capital, and Borderless Capital.
Supporting Regional Solana Treasuries
The DFDV Treasury Accelerator aims to support regional Solana treasuries worldwide by offering investment opportunities, strategic guidance, and infrastructure support. The accelerator is already establishing a presence in five regions, with plans to expand further each week.
Innovative Approach to Scaling
DeFi Development Corp. will hold equity stakes in each regional operation, enabling global scaling without share dilution. Joseph Onorati, CEO of DeFi Dev Corp., highlighted the model’s efficiency in supporting SOL accumulation.
Distinctive Features of the Initiative
Cosmo Jiang, general partner at Pantera Capital, praised the initiative for its innovative approach. By combining validator infrastructure and capital markets through franchising, DeFi Development sets itself apart from competitors. This strategy aims to build something structurally different and ahead of the curve.
Recent Activities and Future Plans
Recent activities by DeFi Development include a $2.7 million Solana purchase and plans to tokenize shares via Kraken. These moves showcase the company’s commitment to expanding its treasury strategy and embracing blockchain technology.
