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DeFi Dev Corp. launches global SOL treasury with Kraken, Pantera Backing

Franchise-led SOL treasury expansion launches with Kraken, Pantera support
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DeFi Development Corp., a Nasdaq-listed Solana treasury company, has officially launched the DeFi Development treasury accelerator, a bold initiative to expand its SOL treasury operations globally using a franchise-led model. The project is launching with the backing of major industry names including Kraken, Pantera Capital, RK Capital, and Borderless Capital.

DeFi Dev Corp. launches global SOL treasury with Kraken, Pantera Backing

The DeFi Development Corp Treasury Accelerator will focus on establishing regional Solana treasuries across five key markets, with more geographies being on boarded weekly. The company plans to support these local operations by offering technical infrastructure, validator support, asset management, fundraising strategies, and brand alignment — ensuring a streamlined, global SOL accumulation effort.

“This model allows us to scale globally and support SOL accumulation without taking on any share dilution,” said Joseph Onorati, CEO of DeFi Development.

The decentralized franchise model

Unlike most corporate treasury vehicles that follow the MicroStrategy playbook, DeFi Development is evolving the model through validator integration and decentralized franchise operations. Cosmo Jiang, general partner at Pantera Capital, emphasized that DeFi Development approach is “structurally different and ahead of the curve.”

The organization will retain equity stakes in each regional franchise, strengthening its global presence while enabling regional autonomy and growth. The partnership with Kraken will also extend to tokenization efforts, using the xStocks platform to tokenize DeFi Development shares.

This announcement builds on recent momentum — earlier this month, DFDV’s stock surged 17% following a $2.7 million Solana purchase as part of its treasury strategy.

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