<\/p>\n
DeFi Development Corp. teams with Kraken, Pantera, and others to create local SOL funds under new \u201cTreasury Accelerator\u201d program.\n<\/p>\n
DeFi Development Corp. (DFDV)<\/a>, the largest publicly traded company focused on building a Solana (SOL)<\/a> treasury, announced on Thursday that it is expanding its strategy globally by teaming up with Kraken, Pantera, and others to launch local SOL investment funds.<\/p>\n The initiative, dubbed the DFDV Treasury Accelerator, allows DFDV to partner with regional firms that will manage their own SOL treasuries, according to a press release. The franchise companies will be able to utilize DFDV’s validator services, fundraising playbook, and branding. In return, DFDV will take equity stakes in each regional public SOL treasury vehicle. <\/p>\n \u201cThis model allows us to scale globally and support SOL accumulation without taking on any share dilution,\u201d said Joseph Onorati, CEO of DFDV, in a statement. \u201cWe\u2019re exporting our framework for Solana treasury accumulation, while bringing global partners into the DFDV orbit, all aligned through economics, staking, and shared infrastructure. The opportunity is massive.\u201d<\/p>\n The move comes as more institutions show growing interest in cryptocurrency \u2013 not just as stores of value, but as financial tools<\/a> for investment, staking, and treasury management.<\/p>\n While most companies have turned to Bitcoin (BTC) as their treasury asset<\/a>, following the Strategy playbook, SOL has been gaining traction as a corporate reserve asset this year. Several publicly traded companies are now using SOL as their main treasury asset, offering investors exposure to the Solana blockchain, and in some cases staking, through traditional stocks.<\/p>\n \u201cIf Bitcoin is the apex asset, Solana is the apex fuel for a whole new era of finance. It powers the most active parts of crypto today \u2014 stablecoins, DeFi, payments, consumer apps \u2014 all at internet speed and scale,\u201d Onorati told The Defiant in an email. \u201cIf stablecoins are the ChatGPT of crypto, then Solana is the GPU cluster they will run on.\u201d<\/p>\n DFDV has over 640,000 SOL, according to a July 11 ByBit report<\/a>, and a $420 million market cap<\/a>, with its stock up about over 3,000% this year. Meanwhile, Upexi (UPXI) owns nearly 600,000 SOL and has a $258 million market cap; its shares have risen 400% since April 2025. Sol Strategies Inc., which trades under the tickers HODL and CYFRF, has an undisclosed amount of SOL and currently boasts<\/a> a $255 million market cap.<\/p>\n \u201cMicroStrategy created version 1.0 of the crypto treasury vehicle. But in today\u2019s market, simply copy-pasting that model \u2014 convertibles, equity issuance, passive crypto exposure \u2014 isn\u2019t enough,\u201d Onorati explained in comments to The Defiant. \u201cDFDV is building 2.0 of the model: Solana-native, onchain-integrated, and compounding by design.\u201d<\/p>\n DFDV’s CEO added that the firm is not just accumulating, but operating validator infrastructure, earning staking rewards, capturing third-party delegation, and now expanding globally through franchise partners. \u201cThese are active cash flows in SOL, and speak to our greater ambition of being the first true on-chain to TradFi bridge,\u201d Onorati said. <\/p>\n Five regional funds are already in development, with more expected soon, according to DFDV.<\/p>\n