Who is Kevin Hassett? Wolfe looks at the Trump ally tipped to become Fed Chair.
BOCA RATON, FL - DeFi Development Corp. (NASDAQ:DFDV) has signed a Letter of Intent with Loopscale, a lending protocol on Solana, to deploy a portion of its SOL and stablecoin reserves into Loopscale’s lending and vault ecosystem, according to a press release statement issued Tuesday. The announcement comes as DFDV’s stock has experienced significant volatility, dropping 19% over the past week despite posting a remarkable 1,049% return over the last year, according to InvestingPro data.
The company plans to allocate part of its treasury to Loopscale vaults and lending markets, which currently offer stablecoin lending yields exceeding 11%. This deployment aligns with DFDV’s strategy of using stablecoin-based income to fund share buybacks and SOL accumulation.
As part of the arrangement, DFDV will participate in Loopscale’s Points program, which awards users based on lending, borrowing, and referral activity. These points may entitle participants to potential future rewards on the Loopscale platform. With a market capitalization of $211.57 million and a P/E ratio of 13.28, InvestingPro analysis suggests DFDV is currently trading above its Fair Value, which investors should consider when evaluating this strategic move.
Loopscale operates as an orderbook-based lending protocol on Solana with over $100 million in deposits. The protocol has facilitated more than $2 billion in loan volume across over 200 assets, according to the statement.
DeFi Development Corp., which trades on the Nasdaq, describes itself as the first public company with a treasury strategy built to accumulate and compound Solana. The company provides investors with direct economic exposure to SOL while participating in the Solana ecosystem through holding, staking, and operating validator infrastructure.
The company also operates an AI-powered platform connecting commercial real estate industry professionals and lenders, serving more than one million web users annually.
In other recent news, DeFi Development Corp. has announced that its previously declared dividend-warrants are now trading on the Nasdaq Capital Market. These warrants, distributed at a rate of one per ten shares of common stock, allow holders to purchase additional shares at $22.50 until January 2028. Furthermore, the company released an analysis focusing on Solana-based digital asset treasuries, which examines how these treasuries influence capital markets. In another development, DeFi Development Corp. filed a registration statement for the potential resale of nearly 10 million shares by selling stockholders. This includes over 4 million shares of common stock and nearly 6 million shares issuable upon exercise of pre-funded warrants. Additionally, weekly options for DeFi Development Corp. stock are now available on the Chicago Board Options Exchange, offering investors more flexibility in executing short-term strategies. Lastly, the company plans to issue a special warrant dividend, distributing one warrant for every ten shares held as of October 23, 2025, with approximately 3.3 million warrants expected to be issued.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.