Nasdaq-listed DeFi Development Corp. (DFDV) announced today the launch of its SOL Treasury Accelerator, a strategic initiative designed to support the international expansion of Solana-based treasury operations.
Announced Thursday via Cointelegraph, the accelerator employs a franchise model, enabling regional Solana treasury operations globally.
The launch partners include prominent crypto exchange Kraken and venture capital firms Pantera Capital, RK Capital, and Borderless Capital. These partners will facilitate the establishment of new regional SOL treasuries by providing support in investment, strategic guidance, and operational infrastructure.
The project aims to initiate a presence in the first five regions this year, with quotes indicating “onboarding new geographies into the pipeline each week.”
Franchise Approach and Strategic Support
The DFDV Treasury Accelerator will provide regional Solana treasuries with comprehensive technical and operational infrastructure, supplemented by strategic guidance. Key support areas encompass blockchain validation, asset management, treasury functions, fundraising, and brand strategy development.
DFDV expects to secure an equity stake in each regional franchise operation. CEO Joseph Onorati commented:
“This accelerator model allows us to rapidly scale our global footprint while supporting the accumulation of high-quality SOL assets without suffering share dilution.”
Venture partner Cosmo Jiang (Pantera Capital) shared:
“We track very few initiatives evolving beyond the standard MicroStrategy corporate treasury model. What excites us about DFDV is that they’re not just copying the playbook. They’re evolving it.” (Referring to MicroStrategy’s corporate treasury approach.)]
Jiang further noted that DFDV’s integration of validator infrastructure, capital markets, and international expansion via franchising creates a structurally differentiated model, positioning it as “building something ahead of the curve.”
Ongoing Corporate Expansion
This accelerator announcement follows earlier corporate developments related to DeFi Development. This month alone, the company’s stock gained 17% in response to a $2.7 million Solana purchase under its treasury strategy. Earlier in June, DFDV detailed a plan to tokenize company shares through a partnership with crypto exchange Kraken, leveraging the xStocks tokenization platform.
Related Links
- DeFi Development seeks $1B to boost Solana investments, expand treasury
- DeFi Development to refile $1B Solana plan after SEC filing snag
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