DeFi Dev Corp Buys Solana Validator Node for $3.5M to Run In-House Staking

DeFi Dev Corp. has finalized a $3.5 million acquisition of a validator business within the Solana network. With validator status secured, the company now operates independently—staking its 317,273 SOL (valued at over $45 million as of May 1, 2025) to generate native rewards.

This move is expected to drive growth in a key corporate metric: SOL per share, positioning the company for greater long-term yield efficiency.

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Acquisition Structure

DeFi Dev Corp. has agreed to purchase a delegated Solana staking business tied to 500,000 SOL, valued at roughly $75.5 million based on market rates at the time of the deal.

The acquisition totals $3.5 million, split between $3 million in restricted DFDV shares and a $500,000 cash component—reflecting a blended strategic equity-financing structure.

After the transaction is finalized, the validator node will be renamed DeFi Development Corp. The company will integrate Solana-level staking rewards into its balance sheet and initiate full self-delegation of its SOL assets to the newly acquired validator, ensuring direct on-chain income control.

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This acquisition doesn’t just add a new line of protocol-native cashflow, it amplifies our alignment with the infrastructure underpinning tomorrow’s decentralized economy,

said Parker White, who serves as both CIO and COO of DeFi Dev Corp.

Strategic Repositioning

The validator predeployment reflects a broader strategic shift, as DeFi Dev Corp aims to consolidate SOL as its primary on-chain treasury holding. Previously operating under the Janover brand—focused on real estate tech—the firm rebranded on April 22.

After a leadership transition, a team of former Kraken executives has pivoted the business toward building within the Solana ecosystem.

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Owning and operating validators with significant delegated stake puts us at the core of Solana — while furthering our mission of effectively accumulating SOL to deliver superior risk-adjusted returns relative to holding SOL directly,

the company noted in its press release.

As of press time, SOL trades above $143 on WhitBIT, with 24-hour transaction volume surpassing $2.5 billion.

Such consistent liquidity positions Solana as a prime asset for staking-based revenue generation within institutional treasury frameworks.

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